n NISM Certifications
XV NISM Series XV
Medium

When does a company usually declare its final dividend, if any?

Practice question from NISM XV Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Any time during the financial year

  2. At the end of financial year

    Correct answer

  3. C

    On a monthly basis

  4. D

    On a quarterly basis

Why this is the answer

Final dividends are declared after year-end once audited financial results are available.

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