Hello guys,
I just started swimming in Balance Sheet reading. But I had difficulties to understand the term "Dividends". In the attached pictures for AZZ , I noticed that the company has given away "0.5" as dividends. Yet, I do not notice any remarkable change in the share amount for the company. Correct me if I am mistaken. However, What I have understood is that if we have "0.5" as dividends per share.And the total amount of shares is "25 million". We will end up with ( 0.5 * 25million = 12.5 million) . So the new total of shares will be (25m + 12.5m = 37.5 million shares.)
But still the company's share has incremented from 25m to 25.2m ONLY !!!!?
Any elaboration or correction ??
I just started swimming in Balance Sheet reading. But I had difficulties to understand the term "Dividends". In the attached pictures for AZZ , I noticed that the company has given away "0.5" as dividends. Yet, I do not notice any remarkable change in the share amount for the company. Correct me if I am mistaken. However, What I have understood is that if we have "0.5" as dividends per share.And the total amount of shares is "25 million". We will end up with ( 0.5 * 25million = 12.5 million) . So the new total of shares will be (25m + 12.5m = 37.5 million shares.)
But still the company's share has incremented from 25m to 25.2m ONLY !!!!?
Any elaboration or correction ??
