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Examveda

Paid dividends to common stockholders Rs 67,600,000 and common shares outstanding 55,000,000 then dividend per share will be

A. Rs 1.23

B. Rs 0.81

C. Rs 2.12

D. Rs 2.78

Answer: Option A

Solution(By Examveda Team)

Dividend per Share = Dividend Paid / Shares Outstanding
= 67600000 / 5500000 = Rs. 1.23

This Question Belongs to Commerce >> Financial Management

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