12th SP | Chapter 10 | Dividend & Interest | Lecture 1 | Maharashtra Board |
JR College・2 minutes read
Gaurav Mundra teaches 12th-grade SP students about dividends and interest, emphasizing hard work, revision, and practice for success. Dividends are distributed among shareholders by the company based on profits, and once declared, cannot be revoked, requiring a special resolution for confirmation.
Insights
- Dividend is a distribution of profits among company owners, specifically shareholders, declared by the company's Board of Directors and cannot be revoked once declared, emphasizing the importance of understanding the process for shareholders to maximize returns.
- Shareholders receive dividends based on the profits earned by the company, with special resolutions required for confirmation, and the Companies Act 2013 mandating that dividends, once declared, cannot be rescinded, highlighting the significance of thorough comprehension of the topic, particularly for exams.
Get key ideas from YouTube videos. It’s free
Recent questions
What does Gaurav Mundra teach on YouTube?
SP and OCM to 11th and 12th commerce students
What is the focus of the lecture for 12th SP students?
Dividend and interest
How are dividends declared by companies?
By the Board of Directors
Who receives dividends from companies?
Shareholders
How are dividends paid to shareholders?
In cash, based on profits earned
Related videos
Amol Kasar's AKCA
Chap 10 | Dividend & Interest | 13 Marks in 30 Mins | Revision Lec |
iWision
[REVISION] - FINANCIAL STATEMENTS | One Shot | CA Inter Advanced Accounting by CA Vipul Dhall
Unacademy CA 360 Foundation
Partnership | Accounting | One Shot | CA Foundation June 24 | CA Rakesh Kalra
CA Parag Gupta 2.0
Issue, Forfeiture & reissue of Shares - 1 | Ch 11 Unit 2 | CA Foundation Accounts | CA Parag Gupta
Navin Classes
CMA Inter New Syllabus | Corporate Accounting | Basics - 3rd Class | CA Avinash Sancheti
Summary
00:00
"12th Commerce SP: Dividend and Interest Lessons"
- Gaurav Mundra teaches SP and OCM to 11th and 12th commerce students on YouTube.
- The lecture is specifically for 12th SP students, focusing on dividend and interest.
- Students are encouraged to share the video with friends and watch it completely.
- Lessons progress from number one to ten, with two more lessons to go.
- Emphasis is placed on hard work, revision, note-taking, and practice for success in the subject.
- Dividend is explained as a distribution among company owners, specifically shareholders.
- Dividend is recommended by the board of directors when the company earns a profit.
- Shareholders are the only recipients of dividends, not creditors.
- Dividends are declared by the company and distributed among shareholders.
- Dividend is a share of profits given to shareholders, representing their ownership in the company.
12:36
"Dividend Declaration Process and Regulations"
- The company made a profit of ₹1, which led to a dividend declaration.
- The Board of Directors recommends the dividend to shareholders.
- A special resolution by 75 votes is required to confirm the dividend declaration.
- Once a dividend is declared, it cannot be revoked, even if the profit turns negative.
- The Companies Act 2013 mandates that once a dividend is declared, it cannot be rescinded.
- Dividends must be declared solely from the profits of the company.
- Shareholders receive dividends based on the profits earned by the company.
- Dividends are recommended by the Board of Directors and approved by shareholders through a special resolution.
- Interim Dividend is a crucial topic in exams and must be understood thoroughly.
- Dividends are paid in cash and cannot be given in kind, only on the paid-up value of shares.
24:42
"Advance Payment for Shares, Dividend Understanding Key"
- Payment for shares made in advance, market not yet delivered, FPO in progress, dividend received only on shares owned, not on additional shares; understanding dividend crucial for maximizing returns.
