unpaid and unclaimed dividend for 4 marks
Answers
Answered by
1
Unpaid dividends exist because there is a difference between the time when a company announces its dividend and the time when that dividend is paid.
During this time, a company will record any unpaid dividends on its books, but this balance will be eliminated once the dividends are paid.
It's important for investors to understand the key dates involved in the dividend-payment process so they are not confused about whether or not they will be entitled to a particular dividend payment.
Answered by
2
Answer:
An unclaimed dividend is recorded when a shareholder fails to claim an already paid dividend while an unpaid dividend is the failure of a company to distribute dividends to shareholders after it has been announced.
Similar questions