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After a 5-for-1 stock split, the Swensen Company paid a dividend of $0.75 per new share, which represented a 9 percent increase over last year's...

After a 5-for-1 stock split, the Swensen Company paid a dividend of $0.75 per new share, which represented a 9 percent increase over last year’s pre-split dividend. What was last year’s dividend per share?
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Finance-8091726.doc

Question:
After a 5-for-1 stock split, the Swensen Company paid a dividend of $0.75 per new
share, which represented a 9 percent increase over last year’s pre-split dividend. What
was last...

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