Stocks and Shares
- A company declared an annual dividend of 10%. Find out the annual dividend received by Anu owning 4000 shares of the company having a face value of $ 100 each.
-
View Hint View Answer Discuss in Forum
∵ Annual dividend on 4000 shares = Total shares x Annual dividend on one share
Correct Option: B
Given in the question :- Face value = $ 100 , Total shares = 4000
Annual dividend on one share = 10% of Face value
Annual dividend on one share = 10% of $ 100Annual dividend on one share = $ 
10 x 100 
= $ 10 100
∴ Annual dividend on 4000 shares = Total shares x Annual dividend on one share
Annual dividend on 4000 shares = $ (4000 × 10) = $ 40000
