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Elphin Company reflects the following dividend history:  The five-year comp...

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Elphin Company reflects the following dividend history: 

Year

2025

2024

2023

2022

2021

2020

Dividend per share (cents)

80.00

69.2

67.4

62.8

56.2

48.0

The five-year compound average growth rate in dividends to 2025 was (to two decimal places):

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