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____________dividend promises to pay shareholders at future date

A. Scrip

B. Cash

C. Stock

D. Property

Answer: Option A

Solution(By Examveda Team)

Scrip dividend promises to pay shareholders at future date. A scrip dividend program is when a company instead of automatically giving their shareholders a cash dividend, gives their shareholders the choice of either receiving a cash dividend or the equivalent in additional shares of the company.

This Question Belongs to Commerce >> Financial Management

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