How Dividend Is Calculated

#1
Satyam Computer Services Ltd

Its values on march 2007 are

Equity Dividend: Rs. 232.41
Corporate Dividend Tax: Rs. 37.55
Equity Dividend (%): 175 (2007 Oct 50%, 2007 Apr 125%)
Div Yield(%): 0.99
Face Value : Rs. 2
share value: Rs.427.25

i want to know who this Equity Dividend of 232.41 arrived and what is the relation between Equity Dividend and Equity Dividend (%)?


for reference
http://reliancemoney.com/Market/Comp...FP_Code=SATYAM
 

mahesh2007

Active Member
#2
First, the reference page is not accessible.

Any way dividend is declared in percentage of the face value(in this case it is 2).
As per NSE website last dividend was Rs. 1 i.e. 50% of the face value 2.

announced date Effective date
23-10-07 07-11-07 Interim 50.00 %


20-04-07 23-08-07 Final 125.00 % AGM


Dividend yield = dividend *100/current market price

the dividend u have mentioned is wrong.
 
#3
thanks mahesh as i m new to trading i have done this mistake.

mahesh as i saw in

Result Period 01-APR-2006 to 31-MAR-2007 (Annual)
Result Type Audited, Cumulative, Non-Consolidated

the dividend% was 150%, so the the dividend is Rs 3.

if i have 100 shares of satyam computers then i will get 300 rupees as dividend.
right OR wrong.


but as i saw in
http://reliancemoney.com/Market/CompanyProfile.aspx?FP_Code=SATYAM
under key ratios in dividend it is given


Key Ratio
Name Mar-2007 Mar-2006 Mar-2005 Mar-2004 Mar-2003

Equity Dividend 232.41 228.33 159.63 126.72 94.36
Preference Dividend 0.00 0.00 0.00 0.00 0.00
Corporate Dividend Tax 37.55 32.02 20.86 16.24 8.87
Equity Dividend (%) 175.00 350.00 250.00 200.00 150.00

Earning Per Share (Rs.) 20.77 37.22 22.85 17.06 9.49
Book Value 86.65 133.57 100.77 81.61 67.87



how did this 232.41 arrive?
 

mahesh2007

Active Member
#5
yes u shall get 300 Rs. if dividend is declared 150% and u have 100 shares of face value 2.

The 231.42 is the amount in crore which company has distributed as equity dividend in financial year 2007.
as company did not allot preference shares so preference share amount is 0.
 

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