Delphin's Marina Is Expected to Pay an Annual Dividend of $0.58

Delphin's Marina is expected to pay an annual dividend of $0.58 next year. The stock is selling for $8.53 a share and has a total return of 12 percent. What is the dividend growth rate?

A) 3.82 percent
B) 4.03 percent
C) 4.28 percent
D) 5.20 percent
E) 5.49 percent