facebookHow does dividend payout work? For example I have 100 S51 shares in my CDP, and the final dividend was announced at 0.02 cents, why the payout is only $1? - Seedly

Anonymous

18 Apr 2019

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How does dividend payout work? For example I have 100 S51 shares in my CDP, and the final dividend was announced at 0.02 cents, why the payout is only $1?

Thank you, I'm a beginner to investments at the moment

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Gabriel Tham

20 Sep 2018

Tag Team Member at Kenichi Tag Team

This is how to calculate your dividend amount

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Dividend per share * total shares held before XD

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So if you had 100 shares of S51 and the dividend announced is 0.01 then you will receive 100 * 0.01 = $1

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