Interim Dividend
This query is : Resolved
30 December 2010
Hi,
please reply me for the following query:
can a Company declare a dividend 5 times (Interim Dividend) during its financial year??
Thanks & Regards,
Nipa
please reply me for the following query:
can a Company declare a dividend 5 times (Interim Dividend) during its financial year??
Thanks & Regards,
Nipa
30 December 2010
yes
30 December 2010
hi Aditya,
Thanks for your quick reply. But do I get some concrete back ground for the same. I checked Ramaiya, I didn't find any bar on declaration of Interim Dividend. It would be great if you provide me more info related to the same
Thanks for your quick reply. But do I get some concrete back ground for the same. I checked Ramaiya, I didn't find any bar on declaration of Interim Dividend. It would be great if you provide me more info related to the same
30 December 2010
For declaring interim dividend a authorisation in the board needs to be done which can be done anytime. Also you can draw inference from listed companies like TCS who declare dividend every quarter.
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