Cryptocurrency Q&A
Can CIC pay dividends?
Can CIC pay dividends?
EnchantedNebula
Wed Nov 20 2024
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6 answers
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I am wondering if CIC, which I have invested in, has the ability to pay dividends to its shareholders. I would like to know if there are any regulations or policies that allow or restrict CIC from paying dividends.
6 answers
Eleonora
Fri Nov 22 2024
Additionally, asset-locked bodies, such as charities or trusts, can also be shareholders in such a CIC.
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DigitalDragon
Fri Nov 22 2024
A CIC, which adopts the Schedule 3 Articles with limited liability by shares, has the capacity to distribute dividends to its shareholders.
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DaeguDiva
Fri Nov 22 2024
These shareholders can include private investors, who are individuals or entities investing in the CIC for potential profit.
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CryptoTamer
Thu Nov 21 2024
While the CIC has the discretion to pay dividends to its shareholders, there are certain restrictions when it comes to private investors.
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MountFujiView
Thu Nov 21 2024
Specifically, the payment of a dividend to a private investor is not unlimited and is subject to a dividend cap.
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