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 ??
Why do you think the float is increased? Dividends are cash which is paid to you. In this case they paid out $12.5 million in cash as dividends.
Sorry ,,, again.,,.. i think i have not successfully uploaded the second picture. Explain the increase in share amount ? as you can see it in the attached pic? and how you can determine whether the company will increase the shares or not ?