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Heading of pro?t distribution

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"The dividend policy: include recent amounts" There is no pennenant divident policy as there are no preffered stock used by Fauji Fertilizer. The company only deals in common stock dividends so the dividends can vary from year to year thats why there is no permanent dividend policy found. After reviewing the last five ?nancial reports of Fauji Fertilizers, we have observed that the dividend in Fauji Fertilizers is distributed at three different time intervals throughout the year. These dividends 1were found in the Approtiations section under the heading of Pro?t Distribution 3: Reserve Analysis.

Reference no: EM133112539

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