Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 12%.

Suppose you know a company’s stock currently sells for $64 per share and the required return on the stock is 12%. You also know that the total return is evenly divided between a capital gains yield and a dividend yield (based on D1). If it’s the company’s policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?