JAMB - Commerce (2007 - No. 34)
The traditional way of paying cooperative dividend is to distribute profit in proportional to members'?
subscriptions
total savings
volume of purchase
contributions
Explanation
Dividends are paid in proportion to the number of securities that an investor holds in a particular company. For instance, an investor with 1,000,000 worth of securities will most definitely get paid more dividends than someone with 800,000 worth of investments.
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