What is the growth rate of the dividends


A man owns stock in a company which has consistently paid a growing dividend over the last 10 years. The first year he 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 years?

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Accounting Basics: What is the growth rate of the dividends
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