I have query on dividend on shares. I am holding some shares of a Pvt. Ltd. company for more than 5 years. The company is showing good profit every year, but they are not giving any dividend. There are only 2 share holders in the company.
Please advise, in this case, the dividend which was payable to me every year will be given to me when I will sell the shares.
27 February 2009
declartion of dividend by a company is not necessrary.it is on the discreation of comapny whether to declare dividend or not. when you sell shares it will give rise to capital gain not to dividend
CAclubindia
