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प्रश्न
Answer in brief.
State any four points to be kept in mind by a Listed Company with respect to Dividend.
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उत्तर
When a company’s shares are listed in the Stock Exchange, the company has to follow additional requirements with respect to listings agreements. They are as follows:
- Notify the stock exchange where the company’s securities are listed at least 2 days in advance of the date of the Board meeting held to consider the recommendation of the final dividend.
- Intimate Stock Exchange immediately about the declaration of the dividend after the Board Meeting.
- Give notice of Book closure to the stock exchange at least 7 working days before the closure.
- Close the Register of members and the Transfer Register.
- It must use an electronic mode of payment such as Electronic Clearing Services (ECS) or National Electronic Fund Transfer (NEFT); as approved by the Reserve Bank of India (RBI).
- The listed company has to express the dividend on a per-share basis only.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
Dividend is paid to ___________.
Select the correct answer from the options given below and rewrite the statement.
_________ is profit shared by company with a shareholder.
Final Dividend is declared by ______.
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.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Dividend | 1) Must inform stock exchange about Dividend declaration |
| b) Interest | 2) Creditors |
| c) IEPF | 3) Registered Shareholders. |
| d) Unpaid Dividend Account | 4) Balance of unpaid Dividend Transferred here. |
| e) Listed Company | 5) Unregistered company. |
| 6) Non-listed company. | |
| 7) Unpaid/Unclaimed Dividend. | |
| 8) Balance of unpaid Bonus transferred here. | |
| 9) Must inform Government about Dividend declaration. | |
| 10) General Public. |
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 meeting where the final dividend is declared.
State whether the following statement is true or false.
Dividend is decided by the Board.
Complete the sentence.
Dividend is paid to __________.
Answer in one sentence.
What is Dividend?
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Dividendum | 1) ____________ |
| b) Interest | 2) ____________ |
| c) ____________ | 3) Final Dividend |
| d) ____________ | 4) Interim Dividend |
| e) Govt. Fund | 5) ____________ |
(Creditors, IEPF, Latin term, At Board Meeting, At AGM)
Select the suitable option for the following.
Dividendum ____________.
Explain the following term/concept.
Final Dividend
Explain the following term/concept.
Rate of Dividend.
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?
Answer the following question.
Define Dividend and explain its features.
