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Question
Write a word or a term or a phrase which can substitute the following statement.
Dividend declared between two AGMs.
Solution
Dividend declared between two AGMs. - Interim Dividend
RELATED QUESTIONS
Distinguish between the following:
Interim dividend and Final dividend.
Interim Dividend is declared by ______________.
Payment of __________ Dividend must be authorized by the Articles of Association.
Write a word or a term or a phrase which can substitute the following statement.
Dividend decided and declared by the Board.
Complete the sentence.
Payment of Interim Dividend needs to be authorized by ______.
Answer in one sentence.
What is Interim Dividend?
Answer in one sentence.
Who declares Interim Dividend?
Select the suitable option for the following.
____________ Interim Dividend.
Answer in one sentence.
At which Meeting Interim Dividend is decided and declared?
Correct the underlined word and rewrite the following sentence.
Final Dividend is paid between two AGMs.
Arrange in Proper Order:
- Payment of Interim Dividend
- Board meeting deciding and declaring Interim Dividend.
- Authorization of Articles of Association.
Study the following case/situation and express your opinion :
RAJ Company limited decides to pay Interim Dividend
- Is the Board justified to decide Interim Dividend of ₹ 5/per share even though profits till date are insufficient?
- Can the Board declare it out of Free Reserves?
- Can the Board declare it out of Capital?
Justify the following statement.
Interim dividend cannot be paid out of free reserves.
Justify the following statement.
AGM is crucial for Final Dividend.
Justify the following statement.
Approval of members is not needed for Interim Dividend.
Explain Interim Dividend.
