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  • Above Cash Dividend formula is just for 100 number of shares meaning that the generic formula is,
    Cash Dividend Amount = Dividend% x No. of Shares x 100.
    Example:
    If you have 50 no. of shares of Company A and the company issues 10% Cash Dividend,
    Cash Dividend Amount = 10% x 50 x 100 = Rs. (10/100) x 50 x 100 = Rs. 500

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