Shares Dividends 5055Ba
1. Let's start by stating the problem: You want to understand how to calculate shares and dividends, which is a common topic in ICSE Class 10 syllabus.
2. The basic formula for dividend calculation is:
$$\text{Dividend} = \text{Face Value of Share} \times \frac{\text{Rate of Dividend}}{100}$$
3. Important rules:
- The face value is the original value of the share.
- The rate of dividend is given as a percentage.
- Dividend is usually paid on the face value, not the market value.
4. Suppose you have 100 shares with a face value of 10 each, and the company declares a 12% dividend.
5. Calculate the dividend per share:
$$10 \times \frac{12}{100} = 1.2$$
6. Total dividend for 100 shares:
$$1.2 \times 100 = 120$$
7. So, the total dividend you will receive is 120.
This method can be applied to any number of shares and any rate of dividend.
If you have a specific problem, please share the details for a precise solution.