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Archive: 25 April 2009

Posts in 25 April 2009

SEBI asks companies to declare dividend on per share basis instead of Percent basis

April 25, 2009 948 Views 0 comment Print

Clearing shareholders‘ confusion over returns they get from equities, market regulator SEBI on Friday made it mandatory for companies to declare dividend on per share basis, besides prescribing a uniform procedure for dealing with unclaimed shares.   “It has been decided to mandate that listed companies shall declare their dividend on per share basis only,” SEBI said while issuing […]

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