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The final dividend on equity shares is declared by ____. (board of directors, bankers, shareholders).?

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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2017/02/20
Sanjay Jangid
by Sanjay Jangid , Assistant Manager , Macquarie global services pvt ltd

The final dividend declared at a company's Annual General Meeting (AGM) for any given year. This amount is calculated after all financial statements are recorded and the directors are aware of the company's profitability and financial health

Arnab  Chowdhury
by Arnab Chowdhury , ACCOUNTANT , CHOWDHURY TOURS AND TRAVELS (L.T.C APPROVED AND GOVT. REGD.)

THE FINAL DIVIDEND IS DECLARED BY THE SHAREHOLDERS IN THE ANNUAL GENERAL MEETING. HOWEVER THE SHAREHOLDERS CAN DECLARE THE DIVIDEND ONLY WHEN THE BOARD OF THE DIRECTORS RECOMMENDS IT.

Sumit Kapur
by Sumit Kapur , Sr. Manager Finance , Home Box LLC (Landmark Group)

Shareholder in annual General Meeting

Boniface Ndirangu
by Boniface Ndirangu , Finance Assistant , Intra Health International: FUNZO Kenya/Afya Elimu Fund

The final dividend are declared and recommended by the company's BOARD OF DIRECTORS during a company's AGM (Annual General Meeting). If approved they are then paid out to the shareholders.

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

A dividend is allocated as aa fixed amount per share, with shareholders receiving a dividend in proportion to their shareholding

_The board of directors declare the final dividend

Vasim  Shaikh
by Vasim Shaikh , Accounts Manager , Knowledge Corporation LLC / Gulf research Center

The Final Dividend are declared byBoard Of Directors

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