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A company with 10,000 shares of nominal value Rs 100 declares an annual dividend of 8% to the share-holders. (i) Calculate the total amount of dividend paid by the company. (ii) Ramesh has bought 90 shares of the company at Rs 150 per share. Calculate the dividend he receives and the percentage of return on his investment. |
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Answer» A company with 10,000 shares of nominal value Rs 100 declares an annual dividend of 8% to the share-holders. (i) Calculate the total amount of dividend paid by the company. (ii) Ramesh has bought 90 shares of the company at Rs 150 per share. Calculate the dividend he receives and the percentage of return on his investment. |
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