Associates

Hi

Gone through study text and F7 lectures. I cannot understand why you gave all the 30% of dividend when the shares were mid year. I thought dividend was subject to weighted average in terms of time. Is the lecture correct in terms of the 10m for the half year
80m x .5 = 40m….20 of the 80 was dividend

40m x .25 = 10……you show 5 as dividend but if you take 30 x.25 = 7.5, so the dividend share must be 2.5

I am only concerned in the fact I thought the dividend was half as well