Calculate the amount of dividend on 2000 shares with a face value of 50toea if the dividend is 5%?

First, calculate the total face value of the shares:
2000 shares * 50 toea/share = 100,000 toea

Next, calculate the dividend amount:
Dividend = 5% * 100,000 toea = 5,000 toea

Therefore, the amount of dividend on 2000 shares with a face value of 50 toea and a dividend rate of 5% would be 5,000 toea.

Formula:

Dividend Amount = (Dividend Rate - Face Value) - Number of Shares

Given:

- Dividend Rate = 5%
- Face Value = 50 cents = $0.50
- Number of Shares = 2000

Calculation:

Dividend Amount = (0.05 - $0.50) - 2000 shares
Dividend Amount = $0.025 - 2000
Dividend Amount = $50

Therefore, the amount of dividend on 2000 shares with a face value of 50 cents and a dividend rate of 5% is $50.