Question

Draft a notice of dividend.

Answer 1

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Answer 2

Answer:

Notice of dividend is called the Dividend Voucher.

Explanation:

Dividend Voucher is drafted as follows:

                                             

                                            Dividend Voucher

Company name and registration no

Registered office address

The board of Directors of Company Name met at Meeting Address on Date of Meeting and declared an interim dividend of $xyz per each ordinary share in respect the financial year end Company's year end date payable to shareholder.

Shareholder's name and address

No of Ordinary shares .............

Dividend Payment: .................

Tax Credit: .......................

Signed by: Name of company's director or secretary and position

Date:................