Dividend entitlement proportionate to paid up capital allowed when company articles authorise per share distribution, subject to company law. A company may, if authorised by its articles, pay dividends in proportion to the amount paid-up on each share, allowing pro rata distribution of dividends ... Summary
Dividend entitlement proportionate to paid up capital allowed when company articles authorise per share distribution, subject to company law.
A company may, if authorised by its articles, pay dividends in proportion to the amount paid-up on each share, allowing pro rata distribution of dividends according to paid up capital per share and enabling differing dividend entitlements where shares have differing paid up amounts.
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