After a 5-for-1 stock split the strasburg company paid a


After a 5-for-1 stock split, the Strasburg Company paid a dividend of $0.75 per new share, which represents a 9 percent increase over last year's pre-split dividend. What was last year's dividend per share?

Solution Preview :

Prepared by a verified Expert
Finance Basics: After a 5-for-1 stock split the strasburg company paid a
Reference No:- TGS01480957

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)