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Question
Complete the sentence.
Dividend can be declared only on recommendation of______.
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Solution
Dividend can be declared only on recommendation of Board of Directors
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RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following statement.
Request by shareholder in prescribed form for payment of dividend into shareholders bank amount.
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.
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Dividend is paid to registered shareholders of the company.
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All categories of shareholders get a fixed rate dividend.
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Predecided and a fixed rate of dividend is paid to ______.
Select the suitable option for the following.
Govt. Fund ____________.
Correct the underlined word and rewrite the following sentence.
Preference shareholders get dividends from residual profits.
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Dividend is payable every year, irrespective of the profits made by the company.
Arrange in Proper Order:
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- Checking sufficiency of profits
- Board Meeting
Arrange in Proper Order:
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Explain the following term/concept.
IEPF
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.
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Justify the following statement.
Listed Company has to follow additional guidelines on dividend matters.
Dividends can be paid out of capital.
Explain the following term/concept in detail:
Listed Company
Study the following case/situation and express your opinion:
GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2019-20.
- Is the company under default, if the dividend was not paid within 30 days of its declaration?
- Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?
- Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?
