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.
If you hold 100 shares of a company and a 2:1 bonus offer is declared, you get 200 shares free. That means your total holding of shares in that company will now be 300 instead of 100 at no cost to you. Bonus shares are issued by cashing in on the free reserves of the company.) 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.