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how to calculate number of shares issued if we have a balance of say $500000 share capital at $2 each nor premium?.If we declare dividend do we pay them out of balance of share capital or number of shares issued? ,example let say we declare 35cents per dividend,do we calculate 35% at $50000 or at that number of shares?
“example let say we declare 35cents per dividend” – that’s not how dividends are described. It may be declared as “35 cents per share” and in the situation where we have $500,000 shares of $2 each, that gives us 250,000 shares and at 35 cents per share that would give a total dividend of $87,500
OK?
Thanks.You are so funny 🙂 .Am showing my study mate your response quoting my statement.Thank you.
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