- This topic has 3 replies, 2 voices, and was last updated 10 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
if a dividend is proposed or declared….. under what conditions are proposed or declared divs an obligation?
The directors propose (i.e. suggest a dividend), but the shareholders then have to vote on it. Once the shareholders have voted on it, it then becomes a declared dividend, and it is then that it becomes an obligation.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.