If the amount of dividend paid varies according to the level of profit; what type of share is involved? - SchoolNGR

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If the amount of dividend paid varies according to the level of profit; what type of ...

If the amount of dividend paid varies according to the level of profit; what type of share is involved?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Cumulative preference share
B Preference share
C Deferred share
D Ordinary share

Correct Answer: Option D

Explanation:

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