Modes of Payment of Dividend - Topic 4

Write a word or a term or a phrase.

Request by shareholder in prescribed form for payment of dividend into shareholders bank amount.

(a)  

Answer explanation

A shareholder may wish to get dividend credited directly in the bank account. Dividend mandate authorises the company to pay dividends directly to shareholder’s bankers.

Write a word or a term or a phrase.

Dividend declared between two AGMs.

(a)  

Write a word or a term or a phrase.

It is a cheque sent by a company to a shareholder for payment of dividend.

(a)  

Complete the sentence.

A request from the shareholder to credit dividend directly to his bank account is (a)   .

Select the correct option(s).

____________ warrant is a cheque containing dividend amount sent by company to the shareholders.

• Dividend

• Share

• Interest

Answer explanation

Dividend warrant is a cheque. It is sent by a company to a shareholder for payment of dividends. Company sends dividend warrant to the registered address of the shareholder.

Select the correct option.

Request made by shareholder for payment of dividend directly to his bank account is __________.

• Dividend Warrant

• ECS System

• Dividend Mandate

Select the correct option.

Electronic mode of transferring dividend to shareholder is _____________.

• NEFT

• Dividend Mandate

• Dividend Warrant

Write a word or phrase or a term.

Any one mode of payment of dividend.

(a)  

Write a word or phrase or a term.

RBI approved electronic mode of dividend payment.

(a)  

State whether true or false.

Listed companies can pay dividend through Dividend Warrant.

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