A stock is currently priced at $60 per share. Calculate the expected return over the next three months, i.e., quarterly return, on this stock given the following information:
- The stock is expected to pay a dividend of $0.30 per share in one month and the ex-dividend price is expected to be $62.
- The stock is expected to split 3-for-1 in two months.
- The price of the stock three months from today is expected to be $24 per share