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Wal-Mart Inc., (WMT) has paid the following dividends over the past 10 years: 2009 = $0.71, 2010 = $0.86, 2011 = $1.08, 2012 = $1.42,

Wal-Mart Inc., (WMT) has paid the following dividends over the past 10 years: 2009 = $0.71, 2010 = $0.86, 2011 = $1.08, 2012 = $1.42, 2013 = $1.69, 2014 = $1.79, 2015 = $2.33, 2016 = $2.63, 2017 = $2.77, and 2018 = $3.02. What is the firms historical arithmetic growth rate in dividends?

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