GlaxoSmithKline January Dividend.

Last week on Thursday 12th Jan, GlaxoSmithKline paid its dividend to its shareholders.

http://www.gsk.com

It was 19p a share.

The total number of voting rights in the Company is 4,910,110,112

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GSK/13083316.html

So the cost of the dividend to GSK was:

4,910,110,112 * £0.19 = £932,920,921.28

That is £932 Million of Cash.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=10042

That is a 5% yield.

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