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What does 'Div cps' stand for?

Wednesday 23rd January 2002

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Q: Can you tell me what the 'Div cps' across the top of the sharemarket grid on the business pages stands for?

A: Div cps means Dividend - cents per share. So if a company announces a dividend of 5cps and you hold 1,000 shares in the company you would receive 1,000 x $0.05 = $50.00.

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