Suppose Tecnor Industries will have free cash flows next year of $40 million. Its weighted average cost of capital is 11%, and you expect its free cash flows to grow at a rate of approximately 4% per year, though you are somewhat unsure of the precise growth rate. Tecnor has 10 million shares outstanding, no debt, and $20 million in cash. If Tecnor stock is currently trading for $55.33 per share, how would you update your beliefs about its dividend growth rate?