dividend on preference shares
This query is : Resolved
CS Abhilasha Pandey
(Querist)
26 July 2010
Hi,
What should be the minimum percentage of dividend on which preference shares can be issued ?
Can it be .1 % Preference Shares .
Regards,
Abhilasha
What should be the minimum percentage of dividend on which preference shares can be issued ?
Can it be .1 % Preference Shares .
Regards,
Abhilasha
Ankur Garg
(Expert)
26 July 2010
Law is completely silent about the Min percentage. However it must be mutually agrees between the issuer and proposed allottee.
Views of other experts solicited.
Thanks
Views of other experts solicited.
Thanks
CS Abhilasha Pandey
(Querist)
26 July 2010
hi,
I am asking about the name of preference shares which denotes its percentage of dividend, please suggest me.
I am asking about the name of preference shares which denotes its percentage of dividend, please suggest me.
Ankur Garg
(Expert)
26 July 2010
Name of preference shares and fixing the div percentage is the same thing according to me.
percentage mentioned in the name of pref shares and actual percentage cannot differ.
Hope am not misinterpreting your query.
Thanks
percentage mentioned in the name of pref shares and actual percentage cannot differ.
Hope am not misinterpreting your query.
Thanks
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