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Greta Owns 10,000 £1 Ordinary Shares and 5,000 £1 Preference

Question 10

Multiple Choice

Greta owns 10,000 £1 ordinary shares and 5,000 £1 preference shares in Jing plc. The preference shares pay a 5% dividend. During the year ended 31 December, she received total dividends of £600 from the company. The dividend paid per ordinary share was:


A) 12 pence.
B) 6 pence.
C) 35 pence.
D) 3.5 pence.

Correct Answer:

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