(1) Subject to subsection (2) a company may pay a dividend in money, in property, or by issuing fully paid shares of the company.
(2) A company shall not pay a dividend in money or in property out of unrealised profits.
(3) If shares of a company are issued in payment of a dividend, the value of the dividend stated as an amount in money shall be added to the stated capital account maintained or to be maintained for the shares of the class or series issued in payment of the dividend.