Dividend Policies of Companies

 Dividend Policies of Companies

Dividend Policies of Companies- The dividend policy evolved with the prescribed legal framework within an enrolment.  In Nigeria the companies and allied mater act (CAMA) or act 1990 part xiii section 379-385 treats dividend policy.  The decree provided that dividend cannot be paid out of capital since this will lead or amount to depletions of company’s capital which is against the legal principle that the capital the company must be maintained. [Read more…]