Anders Owns Stock in a Company Which Has Consistently Paid

Multiple Choice

Anders owns stock in a company which has consistently paid a growing dividend over the last 10 years.The first year Alexis owned the stock, he received $4.50 per share and in the 10th year, he received $4.92 per share.What is the growth rate of the dividends over the last 10 yearsduring this time?

A) 8%
B) 4%
C) 2%
D) 1%