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प्रश्न
Justify the following statement.
AGM is crucial for Final Dividend.
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उत्तर
- The final dividend is declared and paid after the close of the financial year.
- It is decided and recommended by the Board of Directors.
- Dividend as recommended by the Board of Directors is approved and declared by a resolution passed at the Annual General Meeting (AGM).
- The final dividend is declared by the shareholders in the AGM.
- Thus, AGM is crucial for the Final Dividend.
APPEARS IN
संबंधित प्रश्न
Interim Dividend is declared by ______________.
Payment of ______ Dividend must be authorised by the Articles of Association.
Write a word or a term or a phrase which can substitute the following statement.
The company which has to intimate stock exchange about declaration of dividend.
Complete the sentence.
Interim dividend is decided and declared by ______.
Complete the sentence.
Payment of Interim Dividend needs to be authorized by ______.
Answer in one sentence.
Who declares Interim Dividend?
Answer in one sentence.
At which Meeting Interim Dividend is decided and declared?
Correct the underlined word and rewrite the following sentence.
Final Dividend is paid between two AGMs.
Explain the following term/concept.
Interim Dividend
Study the following case/situation and express your opinion:
ABC Co. Ltd. decides to pay Interim Dividend
- Can it be paid out of free reserves?
- Is the Board right in declaring the same at the Board Meeting?
- Should the company distribute the same within 30 days of its declaration?
Study the following case/situation and express your opinion :
RAJ Company limited decides to pay Interim Dividend
- Is the Board justified to decide Interim Dividend of ₹ 5/per share even though profits till date are insufficient?
- Can the Board declare it out of Free Reserves?
- Can the Board declare it out of Capital?
Justify the following statement.
Interim dividend cannot be paid out of free reserves.
Explain Interim Dividend.
