Table:
| Consolidated |  |  |
| --- | --- | --- |
|  | 2019 | 2018 |
|  | US$’000 | US$’000 |
| Final dividend for the year ended 30 June 2018 of AU 14 cents (2017: AU 12 cents) | 13,327 | 12,534 |
| Interim dividend for the half year ended 31 December 2018 of AU 16 cents (2017: AU 13 cents) | 14,801 | 13,099 |
|  | 28,128 | 25,633 |
Paragraphs:
Note 21. Equity - dividends
Dividends paid during the financial year were as follows:
The Directors have declared a final dividend of AU 18 cents per share for the year ended 30 June 2019. The dividend will be paid on 25 September 2019 based on a record date of 4 September 2019. This amounts to a total dividend of US$15.9 million based on the number of shares outstanding.
Accounting policy for dividends
Dividends are recognised when declared during the financial year and no longer at the discretion of the company.
Question:
What is total dividend based on the number of shares outstanding?
Answer: US$15.9 million