Q.
I have 177 share of REI Argo as on 31st March 2010.How much divident i will get. not able to do the calcultation can some help
About: Money
Asked by K Sridhar,
14 Jun '10 04:30 pm
Earn 10 points for answering
Answers (1)
1.
Hi, You will get the Dividend as : No of shares * (Face value of each share * % of dividend) . For example if you have 100 shares of XYZ company which has 10 Rs of face value each. If the dividend is 50% then you will get 5 Rs for each share (i.e. Total amount you get = 100*5=500) . Hope that it clarifies.... Nara (tradeindiashares.com)
Answered by Nara Nareay, 14 Jun '10 06:12 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received