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Question
Explain the following term/concept.
Dividend Mandate
Solution
A shareholder may wish to get dividends credited directly to the bank account. In such a case, the shareholder is required to send a request to the company in the prescribed form called ‘Dividend Mandate’. The dividend mandate authorizes the company to pay dividends directly to shareholder’s bankers.
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RELATED QUESTIONS
Give one word or phrase for the following sentence:
The instrument for payment of dividends.
Find the odd one.
Find the odd one.
Complete the sentence.
Payment of dividend must be completed within ______.
Select the suitable option for the following.
____________ Payment of dividend
Answer in one sentence.
Which shares get dividend at a fixed rate?
Answer in one sentence.
Which shares get dividend at a fluctuating rate?
Justify the following statement.
Payment of dividends can be done through various methods.
Explain the different modes of payment of dividend.
