18 June 2016
I have just received a confirmatory copy from PTCL having directly deposited annual Dividend of Rs. 82 for the current year into my bank account. Exact Rs. 200 have been spent on posting of this half page counterfoil. Last year’s dividend too was Rs. 82/-. I wonder if it is profit from “business trade” or fixed rate interest like that from national savings.
Two weeks back I received a fine glossy paper printed annual report from another company on expense of Rs. 840/- postage on my company and same amount for copy of my wife. The company had for the last two years paid no dividend.
Suggesting any good sensible in a country where normal routine official things were not what universally are. Otherwise I would had dared suggesting, without any remotest hope, that SECP gives an option to minority shareholders whose dividends have mostly gone to drain that they opt to get postage as “bonus” credited into their accounts in lieu of half page dividend confirmatory copies.
I have just received a confirmatory copy from PTCL having directly deposited annual Dividend of Rs. 82 for the current year into my bank account. Exact Rs. 200 have been spent on posting of this half page counterfoil. Last year’s dividend too was Rs. 82/-. I wonder if it is profit from “business trade” or fixed rate interest like that from national savings.
Two weeks back I received a fine glossy paper printed annual report from another company on expense of Rs. 840/- postage on my company and same amount for copy of my wife. The company had for the last two years paid no dividend.
Suggesting any good sensible in a country where normal routine official things were not what universally are. Otherwise I would had dared suggesting, without any remotest hope, that SECP gives an option to minority shareholders whose dividends have mostly gone to drain that they opt to get postage as “bonus” credited into their accounts in lieu of half page dividend confirmatory copies.
