What is share dividend?

#1
Guys,

i am a bit new to stock market so can anyone tell me about share dividend or please explain this statement below:-

" Rain Commodities Ltd has informed BSE that Interim dividend on equity shares @ Rs. 1.00 per equity share (i.e., 50% on a face value of Rs.2/- per equity share fully paid up) for the financial year ending December 31, 2015 will be paid to shareholders on September 07, 2015. "

how the shareholder like me can get the benefit of this??

Please help me to understand.

Thanks
 

Similar threads