dividend for bonus shares

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if on the very day of issue of bonus shares the company declares dividend also whether the bonus shares eligible for the dividend?

if the bonus issue is made in the middle of the year  whether the bonus shares will get the full dividend or on pro rata basis?

friends, pls answer this.

Replies (2)

Bonus shares are eligible for Dividend from the Date of Allotment.

Thanx ...can u clarify a little further?

if the bonus shares are issued in oct08.and the proposed dividend for the year 2008-09 is 10% on the share capital of 10 lakhs.(8lakhs+2lakhs bonus).whts the dividend amount for bonus shares? RS 10000? some people have the opinion that bonus shares are eligible for full dividend of RS20000.pls clarify,,,,

anybody can join this discussion...pls


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