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Management · Q143

Financial Management

Graduate and Post Graduate · Management · question 143

Q143

____________dividend promises to pay shareholders at future date

A.
Scrip
Answer
B.
Cash
C.
Stock
D.
Property

Answer: Option A

Solution

Answer: Option A
Solution:
Scrip dividend promises to pay shareholders at future date. A scrip dividend program is when a company instead of automatically giving their shareholders a cash dividend, gives their shareholders the choice of either receiving a cash dividend or the equivalent in additional shares of the company.