Dividend can be paid only in:
Akind such as goods
Bpromissory notes
Cbonus shares only
Dcash (including electronic transfer)
Answer & Solution
Correct answer: D. cash (including electronic transfer)
Dividend is paid only in cash (including electronic transfer).
Related questions
Per Rule 7 of the Companies (Declaration & Payment of Dividend) Rules 2014, in the event oMembers can, at the AGM, declare a final dividend at a rate ___ that recommended by the BoDividend warrants must be posted to shareholders within thirty days of:The recommendation of the rate of final dividend is made by the:A company cannot declare dividend out of:Unclaimed shares whose dividend has not been paid for seven consecutive years are also traThe shares on which dividend is declared but the dividend remains unpaid are tracked in thInterim dividend is declared by the: