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    Strasburg Company: How much was last year's dividend per share?

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    After a 5-for-1 stock split, the Strasburg Company paid a dividend of $0.75 per new share, which represents a 9% increase over last year's pre-split dividend. What was last year's dividend per share?

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    https://brainmass.com/business/accounting-for-corporations/strasburg-company-how-much-was-last-year-s-dividend-per-share-229616

    Solution Preview

    Dividend after the split is $0.75.

    After the split there are 5 shares ...

    $2.19

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