Dividend today

[PurpleGorilla]

Dividend today

Only 9 left in stock...

https://www.amazon.co.uk/dp/B0036HMX..._Nphvwb6M5KVG2

[PurpleGorilla]

Chimps too, so I heard

Extra money going to the boomers.

Pensioners certainly. 2.9% state pension increase thanks to the triple lock...



Still they build Britain into what it is today...

[d000hg]

Just backdate your voucher accordingly and apply the correct date to the credit in your directors account.

I almost suggested that; is it hugely illegal?

[chopper]

I almost suggested that; is it hugely illegal?

"So I wrote the dividend cheque on $this_date but didn't cash the cheque until $that_date".

[Platypus]

I almost suggested that; is it hugely illegal?

Who is going to know, and how, whether you printed the voucher at noon Wednesday or midnight?

Although, as it happens, one accountant told me that for payment of dividends to the directors' loan account, you also need to hold an EGM and have signed minutes. But hey, it's just another piece of paper with a date printed on it.

[d000hg]

Who is going to know, and how, whether you printed the voucher at noon Wednesday or midnight?

Although, as it happens, one accountant told me that for payment of dividends to the directors' loan account, you also need to hold an EGM and have signed minutes. But hey, it's just another piece of paper with a date printed on it.

I'm not asking if you could get away with it, I'm just interested if it's legal. Some things can be legitimately back-dated, I don't know if the decision to issue a dividend is one of them.

[Platypus]

I'm not asking if you could get away with it, I'm just interested if it's legal.

No, it's not.

[I just need to test it]

Me take a dividend prematurely? And miss out on the amazing interest rate offered by Cater Allen?

[d000hg]

Me take a dividend prematurely? And miss out on the amazing interest rate offered by Cater Allen?

It doesn't have to leave the company on the date it's declared, does it?

[Scruff]

It doesn't have to leave the company on the date it's declared, does it?

The effective date of the dividend is the date on which it is declared in the Minutes and the Dividend Voucher (which logically, should be the same).