dividend question

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Guest replied

1 March 2004, 14:03
Re: thanks

I've seen it happen a few times where people think that they've made a lot enough during the year when on paper they haven't, so take out more than they have really earned.
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Guest replied

1 March 2004, 12:32
thanks

cheers Darren

I cant see myself declaring a divi of more than I have - presumably that happens when people are trying to give everything to a minority shareholder through a divi ?
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Guest replied

29 February 2004, 21:26
The main problem arises when the company declares a dividend greater than the distributable reserves...i.e the retained profits shown on the balance sheet.
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Guest started a topic dividend question

29 February 2004, 17:59
dividend question

Just a quickie - Is there any rule against paying a dividend greater than the profit ? plc's do it so I assume its OK.

the company will have minimal trade this year but is cash rich - I intend to just take a dividend to extract some of the cash, then close it with a capital distribution - S220 or something ?

I seem to remember seeing some warning somewhere that the company can get classed as an investment vehicle and this is a bad thing ?
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