Question
After a 4-for-1 stock split, Tyler Company paid a dividend of $1.55 per new share, which represents a 15% increase over last year's pre-split dividend.
After a 4-for-1 stock split, Tyler Company paid a dividend of $1.55 per new share, which represents a 15% 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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Get Funded The Startup Entrepreneurs Guide To Seriously Successful Fundraising
Authors: John Biggs, Eric Villines
1st Edition
1260459063, 978-1260459067
