Question

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 ? Also find his rate of return.​

Answer 1

Answer:

Dividends are always declared in terms of book value of the share and not on the current market price.

So dividend received by Aditya

= 30×10×20%

= 30 × 2

= 60

Step-by-step explanation:

Hope my answer is right.