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Declaration of dividend and payment of interest on capital

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Unemployed
300 Points Posted on 27 August 2015
Can any company pay 60% Dividend and interest on capital @ 4% for the same financial year for the same amount of share capital.?
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On 27 August 2015 at 15:37 Report
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Master in Accounts & high court Advocate
9610 Points Posted on 01 September 2015

It can be given. But its all depends on company's discretion for want of mobilise funds more and popularity of the company reputation.

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On 01 September 2015 at 15:36


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