Which of the following determines when to declare dividends and in what amount?
A) The stockholders.
B) The officers of the corporation.
C) The state in which the corporation was chartered.
D) The board of directors.

Question

Quizplus · Accepted Answer

The board of directors of a corporation has the authority to declare dividends and decide on the amount to be distributed to shareholders. This decision is typically based on the company's profitability, financial health, and future investment needs.

Which of the Following Determines When to Declare Dividends and in What