Can Pay Divident

This query is : Resolved 

27 January 2010 A Co. Can pay divident on Sharepremium plz give full explanation relating to Co. Act & any other law relates it.

E-mail Id- mynamemoin@gmail.com

28 January 2010 NO , Dividend can be paid only on share capital.

28 January 2010 No, Dividend cannot be paid on share premium, because share premium is a Capital reserve not to be distributed to shareholders. Dividend is payable on share capital only

28 January 2010 Dividend is paid only on the shares.

28 January 2010 Dividend is paid only on the shares.

28 January 2010 Agree , Dividend is paid only for shares(Equity + Preference)


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