Dividend on preference shares
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2015
Is it compulsory to declare dividend on Preference share before redemption of the same.
07 August 2015
No its not mandatory to make payment of dividend to preference share holders.
But if company declare dividend to equity share holders then will give first to preference share holders.
But if company declare dividend to equity share holders then will give first to preference share holders.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2015
Thank You for your response.
Can you give link of section or rule whereby i can refer that it is not compulsory to declare dividend.
If dividend is not compulsory than what is benefit to preference shareholders.
Can you give link of section or rule whereby i can refer that it is not compulsory to declare dividend.
If dividend is not compulsory than what is benefit to preference shareholders.
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