Dividend in United Kingdom

Definition of Dividend

In accordance with the work A Dictionary of Law, this is a description of Dividend :

A payment declared either by the directors of a company (interim dividend) or at the *annual general meeting (final dividend) as being payable to shareholders from profits available for distributio The payment is determined by reference to the terms of the *share contract; it is an agreed fixed rate for preference shares but will vary with the fortunes of the company for the holders of ordinary shares.

Company: Classes of share

The right to a dividend

Find under this subsection information about The right to a dividend in relation to Company: Classes of share.