The management team of Netflix maintains a stable dividend using the Lintner model:

Dt+1 = Dt + EPS Target Payout

Where

Dt (Dt+1) = dividend in the current period t (the next period t + 1)

EPSt = earnings per share in period t

EPS = EPSt+1 EPSt = change in EPS

Target Payout = target payout ratio = 40%

= adjustment factor = 0.15

Last quarter, the dividend was $0.6 per share and the earnings per share were $15.30. The management is forecasting that earnings in the upcoming quarter will decrease to $14.40 per share.

What dividend for next quarter should analysts predict?

Make your answer accurate to cents. That is, if your answer is 9.252, write 9.25. Also, do not include symbols (%,$) in your answer.