Dividend and Interest — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeDividend and Interest2 Marks
Question
Dividend Warrant.
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Answer
It is an instrument sent by the company to the shareholder. It is a document that reflects shareholder is entitled to receive a dividend or not. It contains the name and address of the registered shareholder. In other words, it is the order of payment in which dividend is paid.
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