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Meaning Of Dividend

Meaning of Dividend

Dividend refers to the business concerns net profits distributed among the shareholders. It may also be termed as the part of the profit of a business concern, which is distributed among its shareholders.

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According to the Institute of Chartered Accountant of India, dividend is defined as “a distribution to shareholders out of profits or reserves available for this purpose”.

Meaning Of Dividend Meaning Of Dividend Reviewed by Ikpokolo Francis on Saturday, June 10, 2017 Rating: 5

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