Schaumburg, Illinois - Basic Facts. The Village of Schaumburg had a population of 75,878 as of July 1, 2016. Schaumburg ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.
Preference shares are the shares that carry preferential rights on the matters of payment of dividend and repayment of capital. Payment of dividend. The dividend is paid after the payment of all liabilities. Priority in payment of dividend over equity shareholders.
What is the biggest benefit in issuing bonus shares is that its adds to the total number of shares in the market. Say a company had 10 million shares. Now, with a bonus issue of 2:1, there will be 20 million shares issues. So now, there will be 30 million shares.This is referred to as a dilution in equity. Now the earnings of the company will have to be divided by that many more shares.) Bonus shares can be issued by a company only if the Articles of Association of the company authorizes a bonus issue. Where there is no provision in this regard in the articles, they must be amended by passing special resolution act at the general meeting of the company.