ramsha
(Querist) 19 June 2013
This query is : Resolved
There is one Company. It has declared the payment of dividends. The query is basically whether can the dividends be paid to the Promoters of the Company first or to its members?
KIRAN AMARPURI
(Expert) 19 June 2013
Dividend is paid to its members those who are holding shares in the company and not to directors or promoters. Therefore, if dividend is declared then it is paid to members only. If directors are also holding shares then in that case they are also treated as members and they are paid dividend at the same time.
Raj Kumar Makkad
(Expert) 20 June 2013
Dividend is the right of the shareholders of the company may those be promoters or not. No distinction can be made thereto.
prabhakar singh
(Expert) 20 June 2013
There are several kind of shares and several kind of dividend too .
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