final dividend

final dividend
The dividend paid by a company at the end of its financial year, recommended by the directors, but authorised by the shareholders at the company's Annual General Meeting. Exchange Handbook Glossary
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The final dividend is paid after the annual accounts for the year have been published and after the proposed dividend has been agreed by the shareholders at the annual general meeting.

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final dividend final dividend dividend

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   A dividend paid to shareholders by a company at the end of its financial year and authorized by shareholders at the annual general meeting.

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final dividend UK US noun [S] (also final distribution) FINANCE, STOCK MARKET
the last dividend paid by a company at the end of its financial year, or the amount of this dividend: »

Before the final dividend is declared, the directors must review the company's financial statements and assess its profitability.

»

The Group has declared a final distribution of 47 cents per bond, ahead of its annual results.

Compare INTERIM DIVIDEND(Cf. ↑interim dividend)
the last dividend payment before a company stops paying them, for example because it has been bought by another company

Financial and business terms. 2012.

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