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Payment of dividend


Malobika Ghosh   13 November 2019

Malobika Ghosh

 11 likes  112 points

| My Other Post

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

avater

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

CA Ankit R Momaya
Partner at Bhat Momaya & Associates 
 147 likes  2265 points

View Profile | My Other Post

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

avater

Shwetha Nadiger   25 November 2019

Shwetha Nadiger

 2 points

View Profile | My Other Post

Yes.

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

ordinary(Equity)Shareholders


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