If a company announces 22% dividend and face value of its share is Rs. 5/- what would be the payout amount for 1000 shares held by person?
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It would be 0.22 * Rs 5 per share, i.e. Rs 1.1 per share. For 1000 share it would be Rs 1.1 * 1000, i.e. 1100
Dheer
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