Business, 21.02.2020 00:33 paul1963

Henry reget owned 19 of the 1,811 outstanding shares of astronautics Corp. of america. He filed suit asking the court to order payment of dividends. The company had never paid a dividend. The corporation acquired significant profits, but the board of directors decided that it would be better off reinvesting its profits in research, development, acquisition of other companies and their assets, and profit sharing for its employees. Can reget compel payment of a dividend?

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Henry reget owned 19 of the 1,811 outstanding shares of astronautics Corp. of america. He filed suit...

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