What was last years dividend per share
After a 5-for-1 stock split, Strasburg Company paid a dividend of $1.75 per new share, which represents a 14% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent.
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After a 5-for-1 stock split, Strasburg Company paid a dividend of $1.75 per new share, which represents a 14% increase over last year's pre-split dividend.
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