Dividends are declared by a vote of a company's:
A)Management
B)Shareholders
C)Board of directors
D)Creditors

Question

Quizplus · Accepted Answer

Dividends are payments made to shareholders as a reward for their investment in the company. The decision to pay out dividends is made by the board of directors, usually on a quarterly basis. Management and creditors do not have the authority to declare dividends, and while shareholders may request dividends, it is ultimately up to the board of directors to approve and declare them.

Dividends Are Declared by a Vote of a Company's