Instrument for payment of dividend.
Q.1 (B) (iii) Instrument for payment of dividend.
Q.1 (B) (iii) Instrument for payment of dividend.
Best answer
Answer: Dividend warrant
A dividend warrant is an order issued by the company to its bankers to pay the specified amount of dividend to the shareholder named in it. (Dividend is also paid electronically through ECS/NEFT.)
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