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Home Q&A Forum Shareholders agreement and dividend policies?

Small Business

Shareholders Agreement

Florida

Asked on Jun 15, 2023

Shareholders agreement and dividend policies?

I am a shareholder in a small business and am looking to understand the implications of a shareholders agreement and dividend policies on my ownership rights. I am considering entering into a shareholders agreement but want to ensure that I understand how dividends will be paid out and what rights I will have to receive my share of profits.

1 Attorney answer

Answer

Small Business

Florida

Answered 362 days ago

Daniel D.

ContractsCounsel verified

Business Lawyer
Licensed in Florida
Free Consultation

The shareholder agreement should specify your ownership rights and the policy on dividends. Or, the LLC Operating Agreement or Corporate By Laws could state when, to who and how frequent dividends are given out. Without seeing the shareholder agreement it is difficult to say what your rights will be and how the dividends will be paid out as each small business is unique.

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