If quarterly dividend is 2%, what is the yearly dividend?

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

16%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C 8%

Suggest Corrections

Similar questions

A company declares 8 % half yearly dividend. A person has 250 shares of ₹ 20 (nominal value) each. What will he receive as yearly dividend?

A company declares 6% half yearly dividend. A person has 350 shares of Rs 25(nominal value) each. What will he receive as yearly dividend?

3000

50

20 %

Find the dividend due at the end of a year on 500 shares of ₹ 75 each, if half-yearly dividend is 4%

36, 000

100

20

15

Join BYJU'S Learning Program