Please answer the given financial question based on the context.
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters , and issuer purchases of equity securities our common stock is listed on the new york stock exchange under the symbol "apd." as of 31 october 2019 , there were 5166 record holders of our common stock . cash dividends on the company 2019s common stock are paid quarterly . it is our expectation that we will continue to pay cash dividends in the future at comparable or increased levels . the board of directors determines whether to declare dividends and the timing and amount based on financial condition and other factors it deems relevant . dividend information for each quarter of fiscal years 2019 and 2018 is summarized below: .
||2019|2018|
|first quarter|$ 1.10|$ .95|
|second quarter|1.16|1.10|
|third quarter|1.16|1.10|
|fourth quarter|1.16|1.10|
|total|$ 4.58|$ 4.25|
purchases of equity securities by the issuer on 15 september 2011 , the board of directors authorized the repurchase of up to $ 1.0 billion of our outstanding common stock . this program does not have a stated expiration date . we repurchase shares pursuant to rules 10b5-1 and 10b-18 under the securities exchange act of 1934 , as amended , through repurchase agreements established with one or more brokers . there were no purchases of stock during fiscal year 2019 . at 30 september 2019 , $ 485.3 million in share repurchase authorization remained . additional purchases will be completed at the company 2019s discretion while maintaining sufficient funds for investing in its businesses and growth opportunities. .
Question: considering the year 2019 , what is the contribution of the first quarter in the total dividend?


Answer: The answer is:0.24017