ABC Corporation stock currently sells for $61.84 per share. The market requires a return of 12.05 percent on the firm's stock. If the company maintains a constant 5.13 percent growth rate in...

Extracted text: ABC Corporation stock currently sells for $61.84 per share. The market requires a return of 12.05 percent on the firm's stock. If the company maintains a constant 5.13 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Answer to two decimal places.