Same chapter1 markDifficulty: Easy
The dividend on a share is calculated on its:
Shares and Dividends
1 markDifficulty: Easy
Define the nominal value (face value) of a share.
Original Khojo Papers practice question — not from a past board paper.
Answer
The nominal value of a share is the value printed on the share certificate. A company declares its dividend as a percentage of this value.
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
The nominal value is fixed by the company and does not change with trading; the market value is the price at which the share is bought or sold.
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