English

Explain the following term/concept:Dividend Warrant

Advertisements
Advertisements

Question

Explain the following term/concept:
Dividend Warrant

Short/Brief Note
Advertisements

Solution

(1) A dividend warrant is a kind of document that reflects whether a shareholder is entitled for a dividend or not.
(2) It is an order of payment in which the dividend is paid. A company uses the dividend warrant to pay the dividend in the form of cashback.

shaalaa.com
Precautions to Be Taken by the Secretary While Corresponding with Members
  Is there an error in this question or solution?
Chapter 6: Correspondence with Members - Exercises [Page 103]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 2. 3. | Page 103

RELATED QUESTIONS

Shares issued free of cost to the shareholders are known as ______ shares.


Select the correct answer from the options given below and rewrite the statement.

Dividend is paid out of ______ of the company


Match the pairs.

Group 'A'

Group 'B'

a. Dividend Warrant

1. Instrument for payment of Interest

b. Return on Shares

2. Capitalisation of Building Fund

c. Bonus Shares

3. Electronic Clearing Service

d. ECS

4. Capitalisation of Reserve Fund

e. NEFT

5. National Electronic Fund Transfer

 

6. Dividend

 

7. Electronic Co-operative Society

 

8. National Electronic Fixed Transfer

 

9. Instrument for Payment of Dividend

 

10. Interest


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

The shareholders to whom the bonus shares are issued.


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

The authority which recommends the rate of dividend.


State whether the following statement is true or false.

Building fund is used for issue of bonus shares.


State whether the following statement is true or false.

Bonus shares means capitalisation of reserve fund.


State whether the following statement is true or false.

Dividend is the portion of the profits of the company which is allotted to the holders of the debentures of the company.


Find the odd one.


Complete the sentence.

A company capitalises its Reserve Fund for issue of ______ shares.


Complete the sentence.

Payment of dividend must be made within ______ days of its declaration.


Answer in one sentence:
What is Dividend?


Answer in one sentence:
Who recommends the rate of dividend ?


Answer in one sentence.
What is meant by payment of dividend electronically?


Correct the underlined word/s and rewrite the following sentence:
The person who purchases shares of the company is called Depositor


Correct the underlined word and rewrite the following sentence:

Bonus shares are issued as a free gift to the preference shareholders.


Find the odd one.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×