How to read % dividend?

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KumarM
Member since: Jan 09

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Posted on: 04-09-10 06:27:22

I was reading a company report and it says Last dividend 10% on 31/05/10 (in India). I am trying to understand, 10% of what? Face value (Rs. 10) or the stock value on that date?

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How to read % dividend?

Discussions similar to: How to read % dividend?