Ecolab Incorporated $($ECL$)$ recently paid a $$0\mathrm{.}50$ dividend. The annual dividend is expected to grow at a $12$ percent rate. At a current stock price of $$33\mathrm{.}42,$ what return are shareholders expecting?

Note: Do not round intermediate calculations. Round your percentage answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16)$