Podcast
Questions and Answers
What does dividend refer to?
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?
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?
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?
What cannot be declared as a dividend?
What is the maximum number of days within which dividend payments should be made after declaration?
What is the maximum number of days within which dividend payments should be made after declaration?
Flashcards
What is a dividend?
What is a dividend?
A portion of a company's profits distributed to its shareholders, usually in cash but can also be in the form of stock.
What is an interim dividend?
What is an interim dividend?
A dividend that is paid out before the company's annual financial year ends.
What is a preference dividend?
What is a preference dividend?
This type of dividend is paid out to preference shareholders before any payments are made to equity shareholders.
What is a dividend warrant?
What is a dividend warrant?
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What is the dividend payment timeframe?
What is the dividend payment timeframe?
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