2 dividend declared is a fixed percentage of the value of all shares, and paid-up. Dividend = total par value of the shares at X percent of dividends paid.
Second dividend as a percentage of the value of shares issued and fully paid shares of the stock dividend valued at X = percentage of dividends distributed and paid.
2 announced dividend fixed percentage of stock value all distribution and paid-up dividends = value all the shares of stock. X percentage of dividend distribution and paid-up .