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Question
Correct the underlined word and rewrite the following sentence.
Preference shareholders are given the last priority in payment of dividend.
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Solution
Equity shareholders are given the last priority in payment of dividend.
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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.
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Dividend is paid to registered shareholders of the company.
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Preference Shares ____________.
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Equity Shares ____________.
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Dividend is payable every year, irrespective of the profits made by the company.
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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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Listed Company has to follow additional guidelines on dividend matters.
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Equity shares get last priority in dividend.
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Dividends can be paid out of capital.
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