Aditya bought 30 shares of face value ₹10, at the market price of ₹25 each. If the company declared a
dividend of 20% on the share, what will he get, per share, and on the entire investment?
Answers
Step-by-step explanation:
Dividends are always declared in terms of Book Value of the Share, and not on the Current Market Price.
So, Dividend received by Aditya
= 30 x 10 x 20%
= 30 x 2
= Rs. 60
Answer:
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