According to the Corporations Act $2001,$ dividends may:

Question $11$ Select one:

a$.$

only be paid to shareholders once a year

b$.$

only be paid out of the profits of a company

c$.$

be declared and paid to shareholders irrespective of whether a company has accumulated losses

d$.$

be paid if the company has an excess of assets over liabilities

e$.$

None of the above