Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.


34| | duke realty corporation annual report 2009 property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as generating cash flow by disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and is focused on accretive growth . we have continued to operate at a substantially reduced level of new development activity , as compared to recent years , and are focused on the core operations of our existing base of properties . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2009 , 2008 and 2007 , respectively ( in thousands ) : dividends and distributions we are required to meet the distribution requirements of the internal revenue code of 1986 , as amended ( the 201ccode 201d ) , in order to maintain our reit status . because depreciation and impairments are non-cash expenses , cash flow will typically be greater than operating income . we paid dividends per share of $ 0.76 , $ 1.93 and $ 1.91 for the years ended december 31 , 2009 , 2008 and 2007 , respectively . we expect to continue to distribute at least an amount equal to our taxable earnings , to meet the requirements to maintain our reit status , and additional amounts as determined by our board of directors . distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . at december 31 , 2009 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 29321</td><td>$ 36885</td><td>$ 45296</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>40412</td><td>28205</td><td>32238</td></tr><tr><td>4</td><td>building improvements</td><td>9321</td><td>9724</td><td>8402</td></tr><tr><td>5</td><td>totals</td><td>$ 79054</td><td>$ 74814</td><td>$ 85936</td></tr></table> .
Question: what was the net change in the dividend payment from 2007 to 2008?
Answer: 0.02
Question: what was the 2007 dividend payment?

1.91