Query regarding Dividend

Bhupesh (student) (353 Points)

09 March 2009  

On what basis Dividend is given on preference shares??? Is it on paid up value or face value or issud price??? And what is difference between paid up value and issue price???? pl. help me out ??? If it is given on paid up capital, how can they get fixed dividend as company can call for more money if it is not fully paid up???????