What was the last years dividend per share
Question: After a 5 for 1 stock split, the Strasburg Comapny paid a divident of $0.75 per new share, which represents a 9% increase over last years pre-split dividend. What was last year's dividend per share?
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You are considering an investment in the common stock of Kirk Corporation. The stock is expected to pay a dividend of $3.50 a share at the end of the year.
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Strasburg Comapny paid a divident of $0.75 per new share, which represents a 9% increase over last years pre-split dividend. What was last year's dividend?
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