Advertisements
Advertisements
प्रश्न
Study the following case/situation and express your opinion :
LMN Co Limited decides to declare a dividend for the financial year 2018-19 in which it has earned profits less than their expectations.
- Is Board right in recommending a dividend of Rs. 5/- per share out of free reserves?
- Can Board declare the dividend though it is not approved by AGM?
- Can the Board give dividends in the form of gifts?
Advertisements
उत्तर
- Yes, the Board can recommend a dividend of Rs. 5/- per share out of free reserves. This is because companies are allowed to pay final dividend out of their free reserves.
- No, the Board cannot declare the dividend without shareholders’ approval at the AGM. The dividend, as recommended by the Board of Directors, is approved and declared by a resolution passed at the Annual General Meeting by the shareholders.
- No, the Board cannot give dividends in the form of gifts. This is because dividends must be paid in cash and not in kind.
APPEARS IN
संबंधित प्रश्न
Dividend cannot be declared out of ______________.
Select the correct answer from the options given below and rewrite the statement.
Dividend amount should be transferred in a separate Bank Account within ____________ days of its declaration
Select the correct answer from the options given below and rewrite the statement.
Dividend should be paid within ________________ days of its declaration
Select the correct answer from the options given below and rewrite the statement.
_________ warrant is a cheque containing dividend amount sent by company to the shareholders.
Select the correct answer from the options given below and rewrite the statement.
___________ is not linked to profits of the company
Write a word or a term or a phrase which can substitute the following statement.
The return on investment paid to the shareholders of the company.
Write a word or a term or a phrase which can substitute the following statement.
The shareholders who get dividend at a fixed rate.
State whether the following statement is true or false.
Dividend is decided by the shareholders.
Complete the sentence.
Dividend is paid to __________.
Answer in one sentence.
What is final Dividend?
Select the suitable option for the following.
Dividendum ____________.
Correct the underlined word and rewrite the following sentence.
Special Resolution must be passed to declare Final Dividend
Explain the following term/concept.
Profit
Explain the following term/concept.
Rate of Dividend.
Discuss any four features of dividend.
Answer the following question.
Define Dividend and explain its features.
Give one word or phrase for the following sentence:
Latin word for "Dividend".
