To whom dividend is given at a fixed rate in a company ........

General Accounting Principles Accounting for Shares

Download Solution PDF

To whom dividend is given at a fixed rate in a company?

To equity shareholders

To preference shareholders

To debenture holders

To promoters

छोटे Courses बड़े Results

Master Accounting for Shares

Prepare through Micro-courses

Try Now

Explanation:

Preference shareholders have a higher claim on assets (repayment of capital if company is wound up) and earnings (dividends) than ordinary shareholders; Preference shareholders are paid fixed-rate dividends before dividends are paid to ordinary shareholders.