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a question on dividends

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(FSR : Ordinary shares of 1c each) what does this meaning of this if The Amt is 24C ZAR please help
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The amount 34c, for every normall share you will get 34 c if you hold last day to trade.ZAR stands for SA crrency.
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AMT is it calculated in cents or Rand,coz i see MOB pay 6.05 and MVG 27.50
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Regular Contributor
The dividend payable for MOB is shown as ZARc 6.05 The ZAR is the international code for our local currency. The c indicates cents. This means the dividend is 6.05 cents per share paid in local currency. Compare this to AGL where the dividend is declared in USDc. Wishful thinking if you think the dividend is R6.05 for a share that cost 119c. Aint that easy.
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Super Contributor
Ord. shares of 1c each,indicates the nominal share capital value that FSR placed on their shares at the time of listing.The price paid by the public ,subscribing for their shares at the time of floating the Coy. on the JSE, would have been greater than 1c,and that diff. is called the share premium.
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