Question
After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.10 per new share, which represents a 5% increase over last year's pre-split dividend.
After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.10 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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Stock Market Investing For Beginners A Simple Guide To Navigating Wall Street
Authors: K. Connors
1st Edition
1090253184, 978-1090253187
