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प्रश्न
Discuss any four features of dividend.
State the features of Interim Dividend.
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उत्तर
- The Board of Directors has the power to declare Interim Dividend.
- Interim Dividend is only a payment on account of the whole dividend for the year.
- Company should provide depreciation for the entire year and not proportionately for a part of the year before declaring Interim Dividend.
- Interim dividend cannot be paid out of any reserves.
- Articles of Association of the company must authorize the Board of Directors to declare Interim Dividend.
- The Board Meeting has to pass a resolution for declaring the Interim Dividend.
- The amount to be given as Interim Dividend must be credited in a separate Bank account in a scheduled bank within 5 (five) days of its declaration.
- Interim Dividend should be paid within 30 days of its declaration.
- Unpaid / Unclaimed Interim Dividend should be transferred to ‘Unpaid Dividend Account within 7 days of the expiry of 30 days of declaration i.e. 37 days of its declaration.
- Any amount remaining unpaid/unclaimed in the ‘Unpaid Dividend A/c’ for 7 (seven) years should be transferred to IEPF.
Notes
Student can refer to the provided solution based on their preferred question or marks.
APPEARS IN
संबंधित प्रश्न
Final Dividend is declared by ______.
Dividend cannot be declared out of ______________.
Dividend is recommended 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
______ holders get dividend from residual profits.
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 shareholders who get dividend at a fluctuating rate.
Complete the sentence.
Word dividend is derived from Latin term ______.
Answer in one sentence.
What is Dividend?
Answer in one sentence.
What is final 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 correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Preference Shares | 1) ____________ |
| b) Equity Shares | 2) ____________ |
| c) Deposit holders | 3) ____________ |
| d) ____________ | 4) Payment of Dividend |
| e) ____________ | 5) Dividend Declared but not paid/claimed |
(Unclaimed/Unpaid Dividend, Fixed rate Dividend, Dividend at a Fluctuating Rate, Interest, Within 30 days)
Correct the underlined word and rewrite the following sentence.
Special Resolution must be passed to declare Final Dividend
Explain the following term/concept.
Final Dividend
Give one word or phrase for the following sentence:
Latin word for "Dividend".
