PDLC
DECLARATION AND PAYMENT OF DIVIDEND
SEC 2135 DIVIDEND
Dividend includes interim dividend
.
NOTEWORTHY POINTS FOR DIVIDENT
Dividend cannot exceed the amount recommended
by the BODS Shareholders may approve reject or
reduce
Dividend recommended the Board of Director
is
by
in Board Report and
Approved by shareholders in AGM
Dividend is not liability of the company
a
However it becomes a liability once declared
Shareholders must pass an
ordinary resolution
to declare dividend
Dividend is always declared as a proportion
of Nominal value Face value of a share
, PDLC
CLASSIFICATION OF DIVIDEND
I ON THE BASIS OF TIME OF PAYMENT
I ON THE BASIS OF NATURE OF SHARES
Itsigsifrenaaisividend
Fixed Rate
e
of arising due to insuffiency of
profits in a year is payablefrom profits earned in later years
Unless entire dividend to Pref Shs is paid incl areas NO EQUITY121
can bepaid
DECLARATION AND PAYMENT OF DIVIDEND
SEC 2135 DIVIDEND
Dividend includes interim dividend
.
NOTEWORTHY POINTS FOR DIVIDENT
Dividend cannot exceed the amount recommended
by the BODS Shareholders may approve reject or
reduce
Dividend recommended the Board of Director
is
by
in Board Report and
Approved by shareholders in AGM
Dividend is not liability of the company
a
However it becomes a liability once declared
Shareholders must pass an
ordinary resolution
to declare dividend
Dividend is always declared as a proportion
of Nominal value Face value of a share
, PDLC
CLASSIFICATION OF DIVIDEND
I ON THE BASIS OF TIME OF PAYMENT
I ON THE BASIS OF NATURE OF SHARES
Itsigsifrenaaisividend
Fixed Rate
e
of arising due to insuffiency of
profits in a year is payablefrom profits earned in later years
Unless entire dividend to Pref Shs is paid incl areas NO EQUITY121
can bepaid
