ICICI

Payment of dividend


Malobika Ghosh   13 November 2019

Malobika Ghosh

 11 likes  112 points

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Is it compulsory to pay dividends on preference shares before any dividend paid on equity share??

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CA Ankit R Momaya (Partner at Bhat Momaya & Associates)     13 November 2019

CA Ankit R Momaya
Partner at Bhat Momaya & Associates 
 143 likes  2217 points

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Yes. Preference Dividend must be paid before payment of Equity Dividend.

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Shwetha Nadiger   25 November 2019

Shwetha Nadiger

 2 points

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Yes.

Preference Shareholders have preferential right towards payment of dividend and repayment of capital before 

ordinary(Equity)Shareholders


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