EXPLAIN any common form of dividend.

Generally, the dividend can be of the following forms (depending upon some factors that will be discussed later): 1. Cash dividend: It is the most common form of dividend. Cash here means cash, cheque, warrant, demand draft, pay order or directly through Electronic Clearing Service (ECS) but not in kind. 2. Share repurchases: A share repurchase is transaction in which company buys back its own shares using corporate cash. This is done by lot of corporates these days. 3. Stock dividend (Bonus Shares): It is a distribution of shares in lieu of cash dividend. When the company issues new shares to its existing shareholders without any consideration it is called bonus shares.