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Question
Answer in brief.
State any four points to be kept in mind by a Listed Company with respect to Dividend.
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Solution
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.
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RELATED QUESTIONS
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_________ warrant is a cheque containing dividend amount sent by company to the shareholders.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Dividend | 1) Equity Shareholders |
| b) Interest | 2) Appropriation of profit. |
| c) Interim Dividend | 3) Recommendation of Secretary. |
| d) Final Dividend | 4) Registrar of company. |
| e) Fluctuating Rate of Dividend | 5) Obligatory to pay |
| 6) Decided and Declared by the Board of Directors. | |
| 7) Decided by Board; declared by Members. | |
| 8) Decided by President of India. | |
| 9) Company not allowed to pay. | |
| 10) Declared by Govt. of India |
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 Board.
Complete the sentence.
Word dividend is derived from Latin term ______.
Complete the sentence.
Dividend is paid to __________.
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 ____________.
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.
Dividend
Explain the following term/concept.
Rate 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".
