Dil Maange Rs 200 bn More Dividends?
Published on Wed, Jan 27,2016 | 22:19, Updated at Wed, Jan 27 at 22:19Source : Moneycontrol.com
IiAS recommends companies disclose a retention policy – how much money they want to retain and why, rather than a dividend policy to provide investors clarity on the planned use of cash generated. We strongly believe that companies should obtain shareholder approval to retain cash specifying the rationale for doing so, and pay-out the remaining to shareholders as dividends: this cash belongs to all shareholders and is not for managements to keep.
The report ‘Dividends: 73 companies can pay over Rs.200bn more in dividends’ is attached.
Attachments : F1 0_IE_Dividends FY15_January 2016.pdf
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