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Sir i want to know whether dividend on irredeemable preference are mandatory each year based on fixed percentage or it depends on the directors decision like ordinary shares dividend.. ?
It is a fixed dividend – a % of the nominal value.
Have you not watched my free lectures on this? The lectures are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.
Yeah i watched it thank you.. my question is is it mandatory to give dividend each year??or it depends on the directors??
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