Asked by Wajih Hashmi on Jun 18, 2024
Verified
Cash dividends, if paid, are generally paid:
A) On an annual basis provided there is sufficient net income to do so.
B) On a quarterly basis as declared by the board of directors.
C) Automatically unless the board of directors takes action to stop the payment.
D) On the ex-dividend date of each quarter.
E) From sources other than current or accumulated retained earnings.
Quarterly Basis
Pertaining to or occurring every quarter of a year, often used in the context of financial reporting or dividend payments.
- Comprehend the various forms of dividends and their respective financial impacts.
Verified Answer
AB
Aleseng BoitumeloJun 18, 2024
Final Answer :
B
Explanation :
Cash dividends are typically paid on a quarterly basis, but the specific timing and amount are determined by the company's board of directors. The board must officially declare each dividend payment before it is made.
Learning Objectives
- Comprehend the various forms of dividends and their respective financial impacts.
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