How to read % dividend?


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KumarM   
Member since: Jan 09
Posts: 881
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Post ID: #PID 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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