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Answer in one sentence. What is final Dividend?

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Question

Answer in one sentence.

What is final Dividend?

Short/Brief Note
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Solution

The final Dividend is declared and paid after the close of the financial year. It is decided and recommended by the Board of Directors and declared by the shareholders in the AGM.

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Dividend
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Chapter 10: Dividend and Interest - Exercises [Page 153]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 H) 3. | Page 153
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 10 Dividend and Interest
Answer in one sentence | Q 2

RELATED QUESTIONS

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 ______.


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


Select the correct answer from the options given below and rewrite the statement.
__________ holders get dividend from residual profits.


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

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 meeting where the final dividend is declared.


Write a word or a term or a phrase which can substitute the following statement.

The shareholders who get dividend at a fixed rate.


Complete the sentence.

Word dividend is derived from Latin term ______.


Answer in one sentence.

What is Dividend?


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.

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.

  1. Is Board right in recommending a dividend of Rs. 5/- per share out of free reserves?
  2. Can Board declare the dividend though it is not approved by AGM?
  3. Can the Board give dividends in the form of gifts?

Answer in brief.

State any four points to be kept in mind by a Listed Company with respect to Dividend.


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