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 ?
The total amount of the final dividends declared was Rs 1,127,106,988 (over Rs 1.12 billion).
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.
The board of directors of the Company announces that the Company distributed a final dividend for the year ended 31 December 2018 of Renminbi ("RMB") 1 (tax included) (approximately equivalent to Hong Kong dollars ("HK$") 1.138164 (tax included)) per 10 shares to shareholders (the "Shareholders") whose names appeared on the H shares ("H Share(s)") register of members of the Company on the record date (the "Record Date") of 5 June 2019.
The Company paid the 2018 final dividend to CSDC on 11 July 2019 for distribution thereafter.
Pursuant to the "Enterprise Income Tax Law of the People's Republic of China" and the "Detailed Rules for the Implementation of the Enterprise Income Tax Law of the People's Republic of China" (the "Tax Law") both implemented in 2008, the Company has an obligation to withhold for payment of the 10% enterprise income tax from the payment of the 2018 final dividend to shareholders who are non-resident enterprises (including HKSCC Nominees Limited) whose names are registered on the register of members of the Company (the "Register") as of the Record Date.
The Company has paid a final dividend of RMB1 (tax included) (approximately equivalent to HK$1.138164 (tax included)) per 10 shares, for the year ended 31 December 2018, on 11 July 2019.