Karthik Karthik (studying) (22 Points)
15 November 2015
Krishan Singla
(Corporate Law Advisor )
(1026 Points)
Replied 16 November 2015
Dear Mr Karthik
Generally dividend is paid on Equity and Preference shares. Dividend on preference shares may be aid on yearly basis. Dividend on equity shares can be paid on yearly or in frequency as company/ Board may decide. Of course dividend can be paid only on the declaration by the shareholders in compliance of the provisions of the Act . Regards
CAclubindia
