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John Moffat.
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mansoor
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if a dividend is proposed or declared….. under what conditions are proposed or declared divs an obligation?
John Moffat
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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.
mansoor
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ok..cool.. great..thanks!!!!
John Moffat
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You are welcome 🙂
mansoor
John MoffatViewing 4 posts - 1 through 4 (of 4 total)
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