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Chithurst Q3b - December 2016 - help with DVM and Market capitalisation?

Former userFormer user8y ago

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John MoffatJohn MoffatTutor8y ago#1
$300M is not the share price!!! To get the share price, you use the dividend per share. The dividend of $33M is the total dividend paid (otherwise it would have said dividend per share). The market capitalisation is the number of share multiplied by the market value per share. You either use the dividend per share in order to get the market value per share, or you use the total dividend to get the total market value i.e. the market capitalisation.
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