What are the principal considerations of a board of directors in making decisions involving dividend declarations? Discuss briefly.
What are the principal considerations of a board of directors in making decisions involving dividend declarations? Discuss briefly.
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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In declaring a dividend, the board of directors must consider the condition of the corporation such …View the full answer
Related Book For 
Intermediate Accounting
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
ISBN: 978-0470423684