Question

dividends are a mandatory corporate action, payable on a quarterly basic by publicly-quoted companies​

Answer 1

Answer:

A mandatory action – such as the issuance of a cash dividend – affects all of the company's shareholders. It is performed by the governing body of the company. Shareholders need to do nothing aside from collecting the cash dividend on their shares.

Explanation:

A mandatory action – such as the issuance of a cash dividend – affects all of the company's shareholders. It is performed by the governing body of the company. Shareholders need to do nothing aside from collecting the cash dividend on their shares.