Payment of dividend
Malobika Ghosh 13 November 2019
Is it compulsory to pay dividends on preference shares before any dividend paid on equity share??
CA Ankit R Momaya (Partner at Bhat Momaya & Associates) 13 November 2019
CA Ankit R Momaya
Partner at Bhat Momaya & Associates143 likes 2217 points
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Yes. Preference Dividend must be paid before payment of Equity Dividend.
Shwetha Nadiger 25 November 2019
Yes.
Preference Shareholders have preferential right towards payment of dividend and repayment of capital before
ordinary(Equity)Shareholders
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