Suppose the current dividend is $$0\mathrm{.}64,$ the target payout ratio is $49\%,$ the adjustment will occur over $5$ years, and expected earnings are $$1\mathrm{.}55$ per share for the year ahead, up from $$1\mathrm{.}17$ per share last year. What is the expected increase in dividends?

$$0\mathrm{.}08$

$$0\mathrm{.}66$

$$0\mathrm{.}64$

$$0\mathrm{.}38$

$$0\mathrm{.}02$