Question
After a 5-for-1 stock split, Tyler Company paid a dividend of $0.75 per new share, which represents a 14% increase over last year's pre-split dividend.
After a 5-for-1 stock split, Tyler Company paid a dividend of $0.75 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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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
