Understanding Dividends in Finance
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Questions and Answers

What does dividend refer to?

  • Amount repaid to creditors
  • Fee paid for services rendered
  • Profit shared with a shareholder (correct)
  • Interest earned on savings
  • Who recommends the dividend to be distributed?

  • Board of Directors
  • shareholders meeting
  • Managing Director (correct)
  • Company Secretary
  • Which type of dividend is declared by the Board of Directors?

  • Special Dividend
  • Final Dividend (correct)
  • Interim Dividend (correct)
  • Emergency Dividend
  • What cannot be declared as a dividend?

    <p>Capital</p> Signup and view all the answers

    What is the maximum number of days within which dividend payments should be made after declaration?

    <p>15 days</p> Signup and view all the answers

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