Which one of the following is not necessary in order for a corporation to pay a cash dividend?

a. Approval of stockholders

b. Adequate cash

c. Declaration of dividends by the board of directors

d. Retained earnings

a) Approval of stockholders

Explanation:

a) Approval of stockholders

dividend is a payment which is paid to the investor or stockholder in the form of assets, stocks, or in cash. the total amount paid to the stockholder is according the percentage of ownership as stock and reason for giving cash dividend is to give return for their investment in company.

The total procedure for paying cash dividend is totally based on corporate law of that particular state in which your stock is invested.