Directors Resolution Declaring Stock Dividend

Prepare a Directors Resolution declaring a stock dividend to a corporation's shareholders with this easy-to-use Directors Resolution template.

• The Board of Directors of the corporation declare a dividend payable on the corporation's shares of stock.
• The dividend will be paid by way of issuing new shares to the shareholders on a pro rata basis (based on the ratio of their current shareholdings to the aggregate of all outstanding shares issued by the corporation).
• This is a generic corporate form (not country specific).

The Directors Resolution Declaring Stock Dividend template is available as a Microsoft Word download which is fully editable to meet your needs.