  We present a study of multiphoton dissociative ionization from molecules. By
solving the time-dependent Schr\"{o}dinger equation for H$_2^+$ and projecting
the solution onto double continuum scattering states, we observe the correlated
electron-nuclear ionization dynamics in detail. We show --- for the first time
--- how multiphoton structure prevails as long as the energies of all fragments
are accounted for. Our current work provides a new avenue to analyze
strong-field fragmentation that leads to a deeper understanding of the
correlated molecular dynamics.
