Winslow and Moore Has Paid Annual Dividends of $1

Winslow and Moore has paid annual dividends of $1.00, $1.03, $1.05, $1.05, and $1.08 over the past five years respectively. What is the average dividend growth rate?

A) 1.60 %
B) 1.68 %
C) 1.74 %
D) 1.95 %
E) 2.00 %