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Question
Final Dividend is declared by ______.
Options
Board of Directors
Shareholders
Depositors
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Solution
Final Dividend is declared by shareholders.
Explanation:
The Board of Directors recommends the final dividend amount. However, the final authority to declare the dividend lies with the shareholders, who approve it in the Annual General Meeting (AGM) as per the Companies Act, 2013. Without shareholder approval, the final dividend cannot be declared.
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
_________ is profit shared by company with a shareholder.
Dividend cannot be declared out of ______________.
Dividend is recommended by ______________.
Select the correct answer from the options given below and rewrite the statement.
__________ holders get dividend from residual profits.
Select the correct answer from the options given below and rewrite the statement.
___________ is not linked to profits of the company
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.
Write a word or a term or a phrase which can substitute the following statement.
The shareholders who get dividend at a fluctuating rate.
State whether the following statement is true or false.
Dividend is decided by the Board.
Complete the sentence.
Word dividend is derived from Latin term ______.
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
Explain the following term/concept.
Final Dividend
Study the following case/situation and express your opinion :
LMN Co Limited decides to declare a dividend for the financial year 2018-19 in which it has earned profits less than their expectations.
- Is Board right in recommending a dividend of Rs. 5/- per share out of free reserves?
- Can Board declare the dividend though it is not approved by AGM?
- Can the Board give dividends in the form of gifts?
Answer the following question.
Define Dividend and explain its features.
Give one word or phrase for the following sentence:
Latin word for "Dividend".
