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Answer in one sentence. What is final Dividend? - Secretarial Practice

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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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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

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.


Select the correct answer from the options given below and rewrite the statement.
___________ is not linked to profits of the company


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.


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)


Select the suitable option for the following.

Dividendum ____________.


Explain the following term/concept.

Profit


Explain the following term/concept.

Final 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.


Answer the following question.

Define Dividend and explain its features.


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