Directors Resolution Declaring Stock Dividend
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.
Last Updated: 13-January-2021