what are dividends according to the division of shares?

Well I don’t quite understand what this sentence is saying:
“If, and only if, there is anything left at the end of the year, the general shareholders meeting may decide to pay dividends according to the division of shares.”

Asked by: Joanne 619 days ago - 1 Answers - 798 views

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If there is net income left over after all expenses, and the firm feels it best to disburse earnings rather than reinvest in the company, a dividend will be paid for each outstanding shares.

The “according to the division of shares” refers to the allotment of dividends. For example, if XOM pays a quarterly dividend of $0.44, that amount will be paid to investors for each share they own. If you own 100 shares, your total dividend payout is $44.00.

Answer by BusinessDictionary.com 618 days ago

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