Question

Company declares dividend on the part of company for converting company's share capital is called as

Answer 1

it is called issuing of shares.

Answer 2

The ‘company declares dividend’ on the part of the company for converting the ‘company's share capital’ is called a distribution of profits.

Explanation:

• The distribution of profits is done in form of shares Distribution of profits to shareholders may be in the form of ‘cash’ or by the issue of more shares through the dividend investment plans.  

• The dividend is allocated on the basis of a ‘fixed amount per share’ for the shareholders who receive the in proportion to their ‘shareholding in the business’.  

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