What is Sterling Draper Pryce’s quarterly dividend growth rate? The re

What is Sterling Draper Pryce’s quarterly dividend growth rate? The recent dividend history for Sterling Draper Pryce is provided in the table, below.

Qtr Ex-Date Div Qtr Ex-Date Div Qtr Ex-Date Div
Q1 11/19/03 $0.425 Q4 08/16/06 0.42 Q3 05/13/09 0.46
Q2 02/18/04 $0.425 Q1 11/15/06 0.43 Q4 08/18/09 0.46
Q3 05/19/04 $0.425 Q2 02/14/07 0.43 Q1 11/18/09 0.465
Q4 08/18/04 $0.425 Q3 05/16/07 0.43 Q2 02/17/10 0.465
Q1 11/17/04 0.41 Q4 08/15/07 0.43 Q3 05/05/10 0.465
Q2 02/16/05 0.41 Q1 11/20/07 0.45 Q4 08/08/10 0.465
Q3 05/18/05 0.41 Q2 02/13/08 0.45 Q1 11/17/10 0.47
Q4 08/17/05 0.41 Q3 05/14/08 0.45 Q2 02/16/11 0.47
Q1 11/16/05 0.42 Q4 08/13/08 0.45 Q3 05/11/11 0.47
Q2 02/15/06 0.42 Q1 11/19/08 0.46 Q4 08/10/11 0.47
Q3 05/17/06 0.42 Q2 02/18/09 0.46 Q1 11/19/11 0.48

A) 0.281%
B) 0.381%
C) 0.481%
D) 0.581%
E) 0.681%

ANSWER

B