Advertisements
Advertisements
Question
Explain the following term/concept:
Dividend Warrant
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.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Directors are the ____________
Select the correct answer from the options given below and rewrite the statement.
Share Certificate should be ready for delivery by the company within ______ months after the allotment of shares.
Secretarial correspondence with members should be ____________.
______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting 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 |
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.
Registered shareholder gets dividend through dividend coupons.
State whether the following statement is true or false.
Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.
State whether the following statement is true or false.
A complaint letter should not be replied promptly.
Complete the sentence.
The ______ has to communicate the decisions of the management to the members by conducting correspondence.
Answer in one sentence:
What is Dividend?
Answer in one sentence:
Who recommends the rate of dividend ?
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.
Arrange in proper order.
a) Member
b) Applicant
c) Bonus shares
Find the odd one.
