Whenever a company earn profit significantly they will give some proportion of it to its shareholders know as dividends. The board of directors decide the amount of money to be given as dividends to all shareholders . It’s a kind of reward given to its shareholder which also have voting rights when they buy shares in those companies . Dividends are issued at various time fixtures with distinct payouts .It can be paid monthly ,quarterly or even annually . However it is not necessary that company will only pay dividends when there is profit , some of the corporation pays to maintain there track record of giving dividends to their shareholders . for example recently Piramal Enterprise has issued dividends For the year ending March 2018, Piramal Enterprises has declared an equity dividend of 1250.00% amounting to Rs 25 per share. Mostly large established corporation offers dividends .