Advertisements
Advertisements
Question
Answer in one sentence.
Who has right to recommend Dividend?
Advertisements
Solution
The Board of Directors have the right to recommend dividend.
APPEARS IN
RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following statement.
Number of days within which payment of dividend be completed by company, after its declaration.
Dividend once declared cannot be revoked.
State whether the following statement is true or false.
All categories of shareholders get a fixed rate dividend.
State whether the following statement is true or false.
IEPF is the fund created by company.
Complete the sentence.
Dividend can be declared only on recommendation of______.
Complete the sentence.
Predecided and a fixed rate of dividend is paid to ______.
Select the suitable option for the following.
Equity Shares ____________.
Correct the underlined word and rewrite the following sentence.
Dividend must be paid within 60 days of its declaration.
Correct the underlined word and rewrite the following sentence.
Preference shareholders are given the last priority in payment of dividend.
Correct the underlined word and rewrite the following sentence.
Dividend is payable every year, irrespective of the profits made by the company.
Study the following case/situation and express your opinion :
The Board of Directors of STAR Co. Ltd. which is a listed company recommends a dividend of ₹ 15/- per share to be paid in cash.
- Is it justified to pay the dividend firstly to its Preference Shareholders and then after to Equity Shareholders?
- Is the AGM required to approve the same?
- Can the company pay dividend in cash?
Justify the following statement.
Listed Company has to follow additional guidelines on dividend matters.
Justify the following statement.
Equity shares get last priority in dividend.
Dividends can be paid out of capital.
Arrange in Proper Order:
(a) Board Meeting
(b) Shareholder approval
(c) Board's Recommendations
Explain the following term/concept in detail:
Listed Company
