The document discusses key concepts related to dividend decisions. It defines a dividend as a distribution of a portion of a company's earnings decided by the board of directors. Dividends can only be declared out of profits. The board decides the amount and timing of dividends from current or past retained earnings. Only profits available for distribution are considered divisible profits. The document outlines various rules around sources of dividends, payment timelines, and modes of payment. It also distinguishes between unpaid dividends that are transferred to a separate account within 7 days and unclaimed dividends not claimed within 30 days.
Process for Declaration & Payment of DividendLegalDelight
“Dividend” means a distribution of any sums to Members by the Company out of profits and wherever permitted out of free reserves available with the Company.
Dividend is basically a return on investment made by an investor in any Company. Generally when business of any company is thriving, Company either resorts to reinvest the profits into the business or distribute a part of their earning among the shareholders as dividend on shares.
Based on the profit or retained earnings, management of the Company may decide for quantum of the dividend to be paid.
Process for Declaration & Payment of DividendLegalDelight
“Dividend” means a distribution of any sums to Members by the Company out of profits and wherever permitted out of free reserves available with the Company.
Dividend is basically a return on investment made by an investor in any Company. Generally when business of any company is thriving, Company either resorts to reinvest the profits into the business or distribute a part of their earning among the shareholders as dividend on shares.
Based on the profit or retained earnings, management of the Company may decide for quantum of the dividend to be paid.
Managerial Remuneration under Companies Act and SEBI (LODR) RegulationsDVSResearchFoundatio
Key Takeaways:
Limits prescribed under Companies Act, 2013
Procedural aspects and provisions of Schedule V
Relaxation of provisions for certain companies
Recent amendments in SEBI (LODR) Regulations
Managerial Remuneration under Companies Act and SEBI (LODR) RegulationsDVSResearchFoundatio
Key Takeaways:
Limits prescribed under Companies Act, 2013
Procedural aspects and provisions of Schedule V
Relaxation of provisions for certain companies
Recent amendments in SEBI (LODR) Regulations
Race against deadline for companies eager to declare interim dividendTaxmann
The companies suddenly seem to be in a rush to declare interim dividend. The driving reason behind this rush lies in the amendments inserted in the Finance Bill, 2016.
Managerial Remuneration under Companies Act and SEBI (LODR) RegulationsDVSResearchFoundatio
Key Takeaways:
Limits prescribed under Companies Act, 2013
Procedural aspects and provisions of Schedule V
Relaxation of provisions for certain companies
Recent amendments in SEBI (LODR) Regulations
Managerial Remuneration under Companies Act and SEBI (LODR) RegulationsDVSResearchFoundatio
Key Takeaways:
Limits prescribed under Companies Act, 2013
Procedural aspects and provisions of Schedule V
Relaxation of provisions for certain companies
Recent amendments in SEBI (LODR) Regulations
Race against deadline for companies eager to declare interim dividendTaxmann
The companies suddenly seem to be in a rush to declare interim dividend. The driving reason behind this rush lies in the amendments inserted in the Finance Bill, 2016.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
2. BACKGROUND
▪ The three important decisions taken by a
finance manager are : Investment,
Financing and Dividend decisions
▪ Dividend decision is an important decision
to be taken by a financial manager
2
4. A dividend is a distribution of a portion of a
company's earnings, decided by the board of
directors.
A share of the after-tax profit of a company,
distributed to its shareholders according to
the number and class of shares held by them
is called dividend.
4
5. ▪ The amount and timing of the dividend
is decided by the board of directors,
who also determine whether it is paid
out of current earnings or the past
earnings kept as reserve.
5
6. Dividends cannot be declared
except out of profits. If a company
declares and pays a dividend in the
absence of profits, the directors
will have to make good the amount
to the company from their own
pockets.
6
7. 7
Profit or a portion of profit that can be legally
distributed as a dividend to the shareholders is
known as Divisible Profit.
All profit of the company is not divisible and number
of factors should be considered while determining
divisible profit of the company.
Hence, profits available for dividend to shareholders
are known as divisible profits.
8. DEFINITION
▪ Dividend defined under section 2(35) of the
Companies Act, 2013, includes any interim
dividend.
▪ Section defines dividend so as to mean a
distribution of any sums to Members out of
profits and wherever permitted out of free
reserves available for the purpose.
8
9. ▪ The power to pay dividend is inherent in a
company and is not derived from the Companies
Act, 2013 or the Memorandum or Articles of
Association although the Act and the Articles
regulate the manner in which dividends are to be
declared.
9
10. ▪ Right to claim dividend will only arise after a
dividend is declared by the company in general
meeting and until and unless it is so declared, the
shareholder has no claim against the company in
respect of it.
10
11. ▪ Section 51 of the Act, states that a
company may, if so authorized by its
articles, pay dividend in proportion to
the amount paid up on each share
▪ As per Regulation 43 of SEBI(LODR)
Regulations, 2015 the listed companies
are mandated to declare and disclose
the dividend on per share basis only
11
12. Sources of declaration of dividend
▪ Section 123(1) of Companies Act 2013 provides that
the dividend shall be declared or paid by a company for
any financial year only out of —
▪ (i) the profits of the company for that year arrived at
after providing for depreciation in accordance with the
provisions of sub-section (2), or
12
13. ▪ (ii)out of the profits of the company for
any previous financial year or years
arrived at after providing for
depreciation in accordance with the
provisions of that sub-section and
remaining undistributed, or
▪ (iii) out of both;
13
14. A company shall also not declare any Dividend, if it has
defaulted in –
▪ (a) Redemption of debentures or payment of interest
thereon or creation of debenture redemption reserve,
▪ (b) Redemption of preference shares or creation of
capital redemption reserve,
▪ (c) Payment of Dividend declared in the current or
previous financial year(s), or
▪ (d) Repayment of any term loan to a bank or financial
institution or interest thereon.
14
15. Payment of Dividend:
▪ Inferring from section 124(1) dividend must be
paid within 30 days from the date of declaration
of dividend.
▪ SS-3 hereby clarifies that the Dividend shall be
deposited in a separate bank account within five
days from the date of declaration and shall be
paid within thirty days of declaration.
15
16. Mode of payment:
▪ If any dividend payable in cash may be
paid by cheque or warrant or in any
electronic mode to the shareholder
entitled to the payment of the dividend
16
17. 17
Unpaid dividend is
transferred to unpaid
dividend account within
next 7 days
Unpaid dividend is
transferred to unpaid
dividend account within
next 7 days
Dividend is proposed by
Board in Board Meeting
Dividend is declared by
members in General
Meeting
Dividend shall be
deposited in a separate
bank account within
five days from the date
of declaration
18. 18
UNPAID DIVIDEND AND UNCLAIMEDDIVIDEND
When adividend hasbeen declared byacompanybuthasnotbeen paid or
claimed withinthirtydays fromthedateofthedeclaration to anyshareholder
entitledtothepaymentofthe dividend,it is known asunpaid dividend.
When adividend hasbeen declaredbyacompanybuthasnotbeen claimed by
theshareholder,thenitis called Unclaimed dividend
19. 19
DIVIDEND NOT PAID (Section 124)
Section 124(1) states that when a dividend has been
declared by a company but has not been paid or claimed
within thirty days from the date of the declaration to any
shareholder entitled to the payment of the dividend, the
company shall, within seven days from the date of expiry of
the said period of thirty days, transfer the total amount of
dividend which remains unpaid or unclaimed to a special
account to be opened by the company in that behalf in any
scheduled bank to be called the Unpaid Dividend Account.
20. 20
When a company decides to pay dividends twice a year it pays
an interim dividend at some time before the end of its financial
year and then a final dividend at the end of the financial year.
So, Interim Dividend is the dividend declared and distributed by
a company to its shareholders prior to the determination of final
profit position for the financial year.
A final dividend refers to the dividend declared by a
company's board of directors after the company has issued
its full-year financial statements for its fiscal year.
21. Let’s review some concepts
What is dividend? Interim Dividend? Fina dividend?
21
Sources of dividend Payment of dividend Mode of payment?