Dividend per Share
The total dividend declared for a period divided by the number of shares outstanding.
Formula
Dividend per Share = Total Dividend Declared / Number of Shares Outstanding
Unit
₹
In depth
Indian companies frequently announce dividends as a percentage of face value rather than in rupees, and the resulting headlines are meaningless without knowing the face value — a 300% dividend on a ₹2 face value is ₹6 a share, not three times anything an investor paid. This is the single most common confusion around dividend announcements. Dividend per share should be compared across years only after adjusting for splits and bonuses, since a split multiplies the share count and divides the per-share dividend. It is the numerator of both dividend yield and payout ratio.
Worked example
A '300% dividend' on a ₹2 face value is 300% x 2 = ₹6 per share. On a ₹400 share that is a yield of 6 / 400 = 1.5%, not the spectacular figure the announcement implies.
Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.
Educational reference only
This entry explains what “Dividend per Share” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.