The stockholders determine the amount of dividend to be paid.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interest and possibly the right to vote on corporate matters.

Dividend Payment

A distribution of a portion of a company's earnings to its shareholders, typically in the form of cash or stock.

Ascertain the impact of corporate dividend strategies on shareholder prosperity.

Verified Answer

Final Answer :

False

Explanation :

The board of directors of a company determines the amount of dividend to be paid to the shareholders, not the stockholders themselves.

Learning Objectives

Ascertain the impact of corporate dividend strategies on shareholder prosperity.