Guidelines on Retained Earnings for Dividends

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SEC MEMORANDUM CIRCULAR NO. 11, S. OF 2008: Guidelines on Retained Earnings for Dividends

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Title Source: Supreme Court: Guidelines on Retained Earnings for Dividends

Law: Sec Memorandum Circular No. 11, S. Of 2008

Decision Date: Dec 5, 2008

SEC Memorandum Circular No. 11-08 provides guidelines on determining retained earnings for dividend declaration, ensuring that dividends are declared based on actual earnings and that corporations do not retain excessive profits beyond their paid-in capital.

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