English

Explain the following term/concept. Final Dividend

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Question

Explain the following term/concept.

Final Dividend

Short/Brief Note
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Solution

Final Dividend is declared and paid after the close of the financial year. It is decided and recommended by the Board of Directors. It is declared by the shareholders in the AGM. It’s declaration does not need authorization by the Articles of Association. It is declared from different sources like; current year’s profits, free reserves, capital profits, Money provided by Govt. for dividend, etc.

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Dividend
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Chapter 10: Dividend and Interest - Explain the following terms/concepts

APPEARS IN

SCERT Maharashtra Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Explain the following terms/concepts | Q 3
Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 2.04 | Page 155

RELATED QUESTIONS

Final Dividend is declared by ______.


Dividend cannot be declared out of ______________.


Dividend is recommended by ______________.


Select the correct answer from the options given below and rewrite the statement.
Dividend should be paid within ________________ days of its declaration


Select the correct answer from the options given below and rewrite the statement.
_________ warrant is a cheque containing dividend amount sent by company to the shareholders.


Select the correct answer from the options given below and rewrite the statement.
___________ is not linked to profits of the company


Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Equity Shareholders
b) Interest 2) Appropriation of profit.
c) Interim Dividend 3) Recommendation of Secretary.
d) Final Dividend 4) Registrar of company.
e) Fluctuating Rate of Dividend 5) Obligatory to pay
  6) Decided and Declared by the Board of Directors.
  7) Decided by Board; declared by Members.
  8) Decided by President of India.
  9) Company not allowed to pay.
  10) Declared by Govt. of India

Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Must inform stock exchange about Dividend declaration
b) Interest 2) Creditors
c) IEPF 3) Registered Shareholders.
d) Unpaid Dividend Account 4) Balance of unpaid Dividend Transferred here.
e) Listed Company 5) Unregistered company.
  6) Non-listed company.
  7) Unpaid/Unclaimed Dividend.
  8) Balance of unpaid Bonus transferred here.
  9) Must inform Government about Dividend declaration.
  10) General Public.

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

The return on investment paid to the shareholders of the company.


State whether the following statement is true or false.

Dividend is decided by the Board.


State whether the following statement is true or false.

Dividend is decided by the shareholders.


Complete the sentence.

Dividend is paid to __________.


Answer in one sentence.

What is Dividend?


Answer in one sentence.

What is final Dividend?


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Preference Shares 1) ____________
b) Equity Shares 2) ____________
c) Deposit holders 3) ____________
d) ____________ 4) Payment of Dividend
e) ____________ 5) Dividend Declared but not paid/claimed

(Unclaimed/Unpaid Dividend, Fixed rate Dividend, Dividend at a Fluctuating Rate, Interest, Within 30 days)


Explain the following term/concept.

Dividend


Answer the following question.

Define Dividend and explain its features.


Give one word or phrase for the following sentence:

Latin word for "Dividend".


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