Marmora Limited makes up its financial statements to 30 September every year. On 30 November 2018, Marmora Limited paid dividends of £15,000. Profit for the year to 30 September 2019 was £75,000 and a dividend of £30,000 was paid on 28 September 2019. Marmora Limited had 150,000 ordinary shares in issue throughout the financial year to 30 September 2019. What is the dividend per share for Marmora Limited for the year ended 30 September 2019?

Question

Quizplus · Accepted Answer

Dividend per share = Total dividend / Number of shares in issue= £30,000 / 150,000 shares= 20 pence per share

Marmora Limited Makes Up Its Financial Statements to 30 September