The per share amount normally assigned by the board of directors to a large share dividend is

Question

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The per share amount assigned to a large share dividend is typically the par or stated value of the shares. This is because the purpose of a large share dividend is to distribute additional shares to current shareholders in proportion to their current ownership in the company, without changing the overall value of their investment. Therefore, the per share amount should not be based on market value or average price paid by shareholders. Zero is also not a valid option as a large share dividend involves issuing additional shares to existing shareholders.

The Per Share Amount Normally Assigned by the Board of Directors