A dividend is declared by the

Name: A dividend is declared by the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Dividends are declared by the board of directors. They are responsible for determining how much of the company's profits will be distributed to shareholders as dividends. Shareholders do not have the authority to declare dividends on their own. The president of the corporation and CFO may be involved in the decision-making process, but ultimately it is the responsibility of the board of directors.

A Dividend Is Declared by the