Dividend on preference shares
This query is : Resolved
13 January 2012
Please Help
If the company makes profit, can the dividend on cumulative preference shares be cumulated and paid at a later stage?????
If the company makes profit, can the dividend on cumulative preference shares be cumulated and paid at a later stage?????
13 January 2012
There are two types of preference shares
1. Cumulative
2. Non Cumulative
In case of non cumulative preference shares dividend is to be paid in case of profit making year only.
In case of cumulative preference shares, dividend cumulates and in case there is no profit at any year, in the year of profit such loss making year dividend is also to be paid.
1. Cumulative
2. Non Cumulative
In case of non cumulative preference shares dividend is to be paid in case of profit making year only.
In case of cumulative preference shares, dividend cumulates and in case there is no profit at any year, in the year of profit such loss making year dividend is also to be paid.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- Applicability of GST on Salary Reimbursement Component
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Change Of Karta In Case of Death
- Salary from Qatar in Dollars in India
- GST Intimation due to Government took possession of Business Premises under PPE Act
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
