Question
After a 2-for-1 stock split, Tyler Company paid a dividend of $1.15 per new share, which represents a 5% increase over last year's pre-split dividend.
After a 2-for-1 stock split, Tyler Company paid a dividend of $1.15 per new share, which represents a 5% 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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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
