Suppose you know that a company's stock currently sells for $59 per share and the required return on the stock is 11%. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Current dividend per share $