Question
Stock Split Fauver Enterprises declared a 2-for-1 stock split last year, and this year its dividend is $0.80 per share. This total dividend payout represents
Stock Split
Fauver Enterprises declared a 2-for-1 stock split last year, and this year its dividend is $0.80 per share. This total dividend payout represents a 12% increase over last year's pre-split total dividend payout. What was last year's dividend per share? Round your answer to the nearest cent.
$
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Finance For IT Decision Makers
Authors: Michael Blackstaff
1st Edition
3540762329, 978-3540762324
