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    Directors Resolution Declaring Stock Dividend

    $2.29

    Before a stock dividend can be paid to a corporation's shareholders, the Directors must pass a resolution to that effect.

    • This template Directors' Resolution declares 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).
    • Download your copy of the Directors Resolution Declaring Stock Dividend and present it to the Board for signature.
    Download Type: Microsoft Word
    Last Updated: 13-January-2021
    SKU: 543