Question

Find the annual income from 450, ₹ 25 shares, paying 12% dividend.

Answer 1

Given:

Number of shares = 450

Face value (per share) = ₹ 25

Dividend rate = 12% p.a.

Step-wise calculation:

1. Dividend on one share

= 12% of ₹ 25 

= `12/100 xx 25`

= ₹ 3

2. Annual income

= Number of shares × Dividend per share 

= 450 × ₹ 3

= ₹ 1,350

The annual income from the 450, ₹ 25 shares at 12% dividend is ₹ 1,350.