alleryStart learning →A company declares Rs 2 per share cash dividend. What does a holder of 300 shares receive?
ARs 150
BRs 300
CRs 450
DRs 600
Answer & Solution
Correct answer: D. Rs 600
A declared amount is paid on each share, so 300 shares times Rs 2 is Rs 600.
Keep practising Dividend Basics
Browse all Dividend Basics questions for CA Inter, or explore more Financial Management topics.
Related questions
Which limits can restrict how much a firm may distribute as dividend?Why might management avoid changing dividend policy abruptly?Which alternative to cash dividends may a firm choose when surplus cash exists?Which type of shareholder usually prefers earnings to be retained?With no NPV-positive projects and surplus cash, what should management do?Management knowing more than the market is called what?If dividends bear higher tax than gains, raising them does what to value?Per the Modigliani-Miller theorem, dividend policy has what effect on firm value?