Question

State with the reasons whether the following statements are True or False:
Registered shareholders gets dividend through dividend coupon.

• A. True
• B. False

Answer 1

The correct option is B False

(i) Registered shareholders gets dividend through dividend warrant.
(ii) Dividend warrant is attached along with the notice of dividend.
(iii) The name of share warrant holder is not written in the Registered of members.
(iv) It is a negotiable document.
(v) Dividend coupons are attached to the warrant which can be used for receiving dividend.