Rentarama is considering a 5:1 stock split. The stock current trades as $150 a share. Using the pre-split number of shares outstanding, the CFO has estimated the total dividend for the next year will be $6.00 per share. Assuming the stock split is implemented immediately, shareholders should expect the quarterly dividend to be closest to:

		$0.30.
		$1.20.
		$1.50.