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What Is Sterling Draper Pryce's Quarterly Dividend Growth Rate? the Recent

Question 29

Multiple Choice

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 Q 111/19/03$0.425Q 4 08/16/060.42Q 305/13/090.46Q 202/18/04$0.425 Q 111/15/060.43Q 408/18/090.46 Q 305/19/04$0.425 Q 2 02/14/070.43 Q 111/18/090.465Q 4 08/18/04$0.425Q 3 05/16/070.43Q 202/17/100.465 Q 111/17/040.41Q 408/15/070.43 Q 3 05/05/100.465Q 202/16/050.41 Q 1 11/20/070.45Q 4 08/08/100.465Q 305/18/050.41 Q 2 02/13/080.45Q 111/17/100.47Q 4 08/17/050.41 Q 305/14/080.45Q 2 02/16/110.47Q 111/16/050.42Q 4 08/13/080.45 Q 3 05/11/110.47Q 2 02/15/060.42 Q 111/19/080.46 Q 4 08/10/110.47 Q 305/17/060.42Q 202/18/090.46 Q 1 11/19/110.48\begin{array}{|c|c|c|c|c|c|c|c|c|}\hline \text { Qtr } & \text { Ex-Date } & \text { Div } &\text { Qtr} & \text { Ex-Date } & \text { Div } & \text {Qtr }& \text { Ex-Date } & \text { Div } \\\hline \text {Q 1} & 11 / 19 / 03 & \$ 0.425 & \text {Q 4 }& 08 / 16 / 06 & 0.42 & \text {Q 3} & 05 / 13 / 09 & 0.46 \\\hline\text {Q 2} & 02 / 18 / 04 & \$ 0.425 &\text { Q 1} & 11 / 15 / 06 & 0.43 & \text {Q 4} & 08 / 18 / 09 & 0.46 \\\hline\text { Q 3} & 05 / 19 / 04 & \$ 0.425 &\text { Q 2 }& 02 / 14 / 07 & 0.43 &\text { Q 1} & 11 / 18 / 09 & 0.465 \\\hline \text {Q 4 }& 08 / 18 / 04 & \$ 0.425 & \text {Q 3 }& 05 / 16 / 07 & 0.43 & \text {Q 2} & 02 / 17 / 10 & 0.465 \\\hline\text { Q 1} & 11 / 17 / 04 & 0.41 & \text {Q 4} & 08 / 15 / 07 & 0.43 &\text { Q 3 }& 05 / 05 / 10 & 0.465 \\\hline\text {Q 2} & 02 / 16 / 05 & 0.41 &\text { Q 1 }& 11 / 20 / 07 & 0.45 & \text {Q 4 }& 08 / 08 / 10 & 0.465 \\\hline \text {Q 3} & 05 / 18 / 05 & 0.41 &\text { Q 2 }& 02 / 13 / 08 & 0.45 & \text {Q 1} & 11 / 17 / 10 & 0.47 \\\hline \text {Q 4 }& 08 / 17 / 05 & 0.41 &\text { Q 3} & 05 / 14 / 08 & 0.45 & \text {Q 2 }& 02 / 16 / 11 & 0.47 \\\hline \text {Q 1} & 11 / 16 / 05 & 0.42 & \text {Q 4 }& 08 / 13 / 08 & 0.45 &\text { Q 3 }& 05 / 11 / 11 & 0.47 \\\hline \text {Q 2 }& 02 / 15 / 06 & 0.42 &\text { Q 1} & 11 / 19 / 08 & 0.46 &\text { Q 4 }& 08 / 10 / 11 & 0.47 \\\hline\text { Q 3} & 05 / 17 / 06 & 0.42 & \text {Q 2}& 02 / 18 / 09 & 0.46 &\text { Q 1 }& 11 / 19 / 11 & 0.48 \\\hline\end{array}


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

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