The Directors of East West Limited proposed a dividend of 15% on equity shares for the financial
Fantastic news! We've Found the answer you've been seeking!
Question:
The Directors of East West Limited proposed a dividend of 15% on equity shares for the financial year 2017-2018. The same was approved in the Annual general body meeting held on 24th October 2018. The Directors declared the approved dividends. Mr. Binoy was the holder of 2000 equity of shares on 31st March 2018, but he transferred the shares to Mr. Mohan, whose name has been registered on 18th June 2018. Who will be entitled to the above dividend?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date: