does total dividend equals to interim plus final dividend

When the dividend is declared at the Annual General Meeting of the company, it is known as …. (a) Final Dividend (b) Interim Dividend (c) Dividend on preference shares (d) Scrip Divided (2) Amount to be transferred to reserves out of profits before any declaration of dividend is __________ (a) 5% (b) 7.5% (c) 10% (d) At the discretion of the company. (3) The Board of Directors of Vidyut Limited are contemplating to declare interim dividend in the last week of July, 2022 but the company has incurred loss during the current financial year up to the end of June, 2022. However, it is noted that during the previous five financial years i.e., 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22, the company had declared dividend at the rate of 8%, 9%, 12%, 11% and 10% respectively. Advise the Board as to the maximum rate at which they can declare interim dividend despite incurring loss during the current financial year. (a) Maximum at the rate of 10%. (b) Maximum at the rate of 11%. (c) Maximum at the rate of 10.5%. (d) Maximum at the rate of 11.5%. (4) The amount accumulated in the Investor Education and Protection Funds shall not be used for: (a) Refunds in respect of unclaimed dividends, matured deposits, matured debentures, application money due for refund and interest thereon. (b) Reimbursement of legal expenses incurred in pursuing class action suits under section 37 and 245. QUESTIONS AND ANSWERS

____________audit is done when company wants to declare interim dividend*1 pointInterimAnnualContinuousConcurrent

You purchased Apple Limited shares for $30 and they are now selling for $50. Thecompany has announced that it plans a $20 special dividend. Assume that the dividend isfully franked (100% imputation credits), the corporate tax rate is 30%, you have a marginaltax rate of 38% and you have held the shares for more than 12 months.a. If you sell the shares or wait and receive the dividend, will you have different after-tax income?b. Assume now that the dividends are unfranked. What is the difference between the twooptions in part (a)? Note: similar to classical tax system

Dividend Policy It is sometimes suggested that firms should follow a “residual” dividend policy. With such a policy, the main idea is that a firm should focus on meeting its investment needs and maintaining its desired debt-equity ratio. Having done so, a firm pays out any leftover, or residual, income as dividends. What do you think would be the chief drawback to a residual dividend policy?

Alex limited is facing loss in business during the financial year 2022-2023. In the immediatepreceding three financial years, the company had declared dividend at the rate of 7%, 11%and 12% respectively. The Board of Directors has decided to declare 12% interim dividend forthe current financial year atleast to be in par with the immediate preceding year. Is the act ofthe Board of Directors valid?