What is the average dividend growth rate

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Highway Express has paid annual dividends of $1.05, $1.20, $1.25, $1.15, and $0.95 over the past five years, respectively. What is the average dividend growth rate?

-1.74 percent
-3.60 percent
2.28 percent
2.47 percent
4.39 percent

 

Reference no: EM13273536

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