What is the amount of dividend received per share of face value ₹ 20 if dividend declared is 30%.
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Answer:
amount of dividend received per share = Rs 5
Step-by-step explanation:
Face Value of Share = Rs 10
Dividend declared = 50 %
Dividend received = (Dividend % /100) * Face Value
= (50 / 100) * 10
= 5
amount of dividend received per share = Rs 5
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