Complete the sentences.

1. Word dividend is derived from Latin term ………………
Ans:- Word dividend is derived from Latin term Dividendum .

2. Dividend is paid to ………………..
Ans:- Dividend is paid to Registered Shareholder .

3. Dividend can be declared only on recommendation of ……………
Ans:- Dividend can be declared only on recommendation of Board of Director .

4. Dividend must be paid in  …………
Ans:- Dividend must be paid in Cash. .

5. The meeting at which final dividend is approved in ………..
Ans:- The meeting at which final dividend is approved in AGM .

6. Dividend cannot be paid out of ………..
Ans:- Dividend cannot be paid out of Capital .

7. Interim dividend is decided and declared by ……………..
Ans:- Interim dividend is decided and declared by Board of Director .

8. Pre decided and a fixed rate of dividend is paid to  ………………
Ans:- Pre decided and a fixed rate of dividend is paid to Preference Shareholder .

9. Payment of dividend must be completed within …………..
Ans:- Payment of dividend must be completed within 30 days .

10. Payment of Interim Dividend needs to be authorized by ………….
Ans:- Payment of Interim Dividend needs to be authorized by Article of Association .

11. The obligatory payment made by company to its creditors is called as …………..
Ans:- The obligatory payment made by company to its creditors is called as Interest