Divident per share = [tex]\frac{Total Dividend Amount}{Number Of Shares}[/tex]
We know total dividend amount is $12,000 and number of shares is 10,000. Dividend per share is [tex]\frac{12,000}{10,000}=1.2[/tex] dollars.
How much will someone with 50 shares get?
If 1 share gets $1.2 as dividend, 50 shares will get [tex]50*1.2=60[/tex] dollars as dividend.
Furthermore, how much is $60 out of total $12,000 (in dividends)? We divide 60 by 12,000 and then multiply by 100.
[tex]\frac{60}{12000}=0.005*100=0.5[/tex]percent.
ANSWER:
Dividend per share is $1.2
For owning 50 shares, he/she should get $60 (which is 0.5% of original)
