Shares and Dividends (HSC SSCE Mathematics Standard): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Share/stock meaning
Share/stock meaning
Partial ownership of a company
ASX full form
ASX full form
Australian Securities Exchange
Face value of share
Face value of share
Initial price when first listed on ASX
Market price
Market price
Current price of share at any moment
Broker's role
Broker's role
Facilitates share transactions
GST rate on brokerage (Aus)
GST rate on brokerage (Aus)
10%
Total cost of shares formula
Total cost of shares formula
(Shares × Price) + Brokerage fee
Dividend meaning
Dividend meaning
Company's profits paid to shareholders
Interim dividend timing
Interim dividend timing
Mid-year