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About Cash Dividend-Please explain

Moderators: बिमलमान, Dilbert.

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Member
Registered: Jun 2013
Posts: 17
What about Soaltee Hotel? Its Par Value is Rs.10. This company distributed Rs.32 cash per share but it was called only 32%. In fact, it should be stated as 320%, right??? Must be an exception in the case of SHL.

Any other logic behind this?
« Last edit by ShareRaj on Thu Jul 25, 2013 6:54 am. »
Member
Registered: Jun 2013
Posts: 166
Cash dividend is calculated in par value. Most of the shares have Rs 100 as par value.
If X company with par value Rs 100 says it is going to give 50% dividend, then
dividend = 50% of Rs 100.

Market rate of the company has nothing to do with %age of dividend.
Member
Registered: Jul 2013
Posts: 93
please explain about cash dividend.
how its distribute? whats about the %? % stand for the cost of current price or something else?

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