final dividend

(redirected from Final Dividends)

Final Dividend

The last dividend declared in a given fiscal year. The final dividend is determined after all financial reports have been made and the company has the clearest pictures of its performance that year. As a result, the final dividend is often the largest, as the company does not have to worry about being conservative if expected revenues do not match actual revenues. The term is most common in the United Kingdom.

final dividend

1. The final dividend payment from a firm that is liquidating.
2. The last dividend of a firm's fiscal year. The final dividend is declared when management is able to estimate rather accurately the firm's earnings and its dividend-paying ability. Also called year-end dividend. Compare interim dividend.

final dividend

see DIVIDEND.
References in periodicals archive ?
However, Barclays resumed cash dividends on ordinary shares with an interim payment in December 2009 and both Barclays and DnB NOR have recently announced final dividends for their 2009 financial years.
The two issuers' plans to pass final dividend on ordinary stock for the 2008 fiscal year resulted in a four-notch gap between their long-term ratings and the hybrid securities ratings in March 2009 as part of a larger hybrid rating realignment on European banks, S&P explained.
million, shall be final dividends for the fiscal year ended
During the year the Company provided for 26 million pound($43 million) of Advance Corporation Tax (ACT) arising on the interim and proposed final dividends.
The Directors have accordingly proposed a final dividend of 3.
It does mean that future final dividends will be paid before the relevant annual general meeting takes place.
The Boards have resolved to recommend to the Annual General Meetings to be held on May 7, 1996 the declaration of final dividends in respect of 1995 on the Ordinary capitals at the following rates which are equivalent in value at the rate of exchange applied in terms of the Equalisation Agreement between the two companies:
936472 at the actual guilder/dollar conversion rate, already paid, this would result in a total for interim and final dividends in respect of 1995 of US$ 3.
final dividend will be payable as from May 24, 1996 against dividend coupon No.
The provisional results for the fourth quarter and for the year 1995, and the proposed final dividends in respect of 1995, will be published on Tuesday February 20, 1996.
Unilever's provisional results for the fourth quarter and the year 1995, together with the proposed final dividend, will be published on Tuesday, February 20, 1996.
However, because of differences in stock exchange practice between the Netherlands and the United Kingdom, it is not possible to apply one ex-dividend date for the final dividend.