Dividends

Dividends are payments made by a company to its shareholders as a distribution of profits. They are typically declared by the company’s board of directors and can be paid out in the form of cash, additional shares of stock, or other assets. Dividends are a way for companies to share their earnings with shareholders and provide them with a return on their investment.

There are several types of dividends, including:

Interim Dividend: An interim dividend is a dividend payment made by a company before its annual earnings have been determined. It is usually paid during the fiscal year, often on a quarterly or semi-annual basis. Interim dividends are based on the company’s interim financial results and are subject to approval by the board of directors.

Final Dividend: A final dividend is a dividend payment made by a company after its annual earnings have been determined and the financial statements have been finalized. It is typically paid at the end of the company’s fiscal year, following the approval of the annual financial statements by the shareholders at the annual general meeting (AGM).

Special Dividend: A special dividend is a one-time dividend payment made by a company in addition to its regular dividend payments. Special dividends are usually paid when a company has excess cash or realizes a significant one-time gain, such as from the sale of assets or a legal settlement. They are typically larger than regular dividends and are often used to reward shareholders or to signal financial strength.

The ex-date, or ex-dividend date, is the date on or after which a buyer of a stock is not entitled to receive the upcoming dividend payment. In other words, if an investor buys shares of a company before the ex-date, they will be eligible to receive the dividend; if they buy shares on or after the ex-date, they will not receive the dividend. The ex-date is usually set two business days before the record date, which is the date on which the company determines which shareholders are entitled to receive the dividend.

You can view the list of past Dividends from any company on Radar under Corporate Action in the Corporate Info & News section