Q389
Paid dividends to common stockholders Rs 67,600,000 and common shares outstanding 55,000,000 then dividend per share will be
A.
Rs 1.23
AnswerB.
Rs 0.81
C.
Rs 2.12
D.
Rs 2.78
Answer: Option A
Solution
Answer: Option A
Solution:
Dividend per Share = Dividend Paid / Shares Outstanding = 67600000 / 5500000 = Rs. 1.23