Indian stock market regulator, SEBI has amended listing agreement to bring-in greater transparency in reporting by ensuring uniformity in declaring dividends. Dividends will now be on per-share basis and not on percentage basis. This will remove the confusion of the investors regarding the actual return on their investments since the face value of the shares are not uniform. It may one or two rupee, 10 rupee or a hundred rupee.
Per-share dividend declaration will make more sense in Indian markets.
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