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Final Dividend after bonus /right

If final dividend (suppose 20%) is received after the issue of bonus shares and/or eight shares, then Will the value of shares on which 20% is calculated include bonus and/or right shares? Eg. Opening bal. = 20,000 shares Bonus (1:2) = 10,000 shares Right (1:3) = 10,000 shares Now, Final Dividend is declared and received @ 20%. This 20% will be on original 20,000 shares or total 40,000 shares?


Ishika Goel 282

Ishika Goel 282

CA Inter

2K+

23-Feb-21 19:03

20

Answers (1)

It depends on how company declares dividend. If nothing is mentioned, all shares held on record date qualify for dividends.


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Feb-21 21:28

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