Amount capital dividend liquidating share
Dividends declaration in the Philippines could come in different faces as follows: Dividend declaration is a discretion of the Board of Directors.It is the Board of Directors who will decide on whether or not a dividend declaration in the Philippines will be made.
For some, dividend declaration is simply a capital restructuring device by transferring free retained earnings to capitalization to increase paid-up capitalization in the Philippines, such as in stock dividends.
A domestic corporation in the Philippines would normally declare dividends in the Philippines to distribute its earnings accumulated through the unrestricted or free retained earnings.
More dividend distribution means more earnings for the stockholders and would attract more potential investors.
A separate SEC application and approval for liquidation is required.
Summary As discussed above, dividends in the Philippines may come in a number of ways.
The total share capital is divided into small parts and each part is called a share.