Jurisdiction(s):
United Kingdom

Key definition

Final dividend definition

What does Final dividend mean? In corporate practice, a final dividend is the year-end distribution to shareholders, recommended by the board and approved by shareholders (usually at the AGM) once the annual accounts are prepared and profits available for distribution are confirmed. The term is not defined in legislation, but its effect is well established in company law and standard articles of association. Subject to the company’s articles and the Companies Act 2006 (UK) and Companies Act 2014 (Ireland), shareholders declare the final dividend by ordinary resolution; they may not declare more than the board has recommended. When a final dividend is declared,...

Members’ ordinary resolution declaring a final cash dividend (private limited or unlisted public company)

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Precedents

Ordinary resolution

That, on the recommendation of the Directors, a Final dividend of £[ insert figure ] per [ insert class ] share of [ insert Nominal value ] each in the capital of the Company is hereby declared for the year ended [ insert date ] [ payable on [ insert date ] ] [ [ payable ] to the holders of those shares whose names are entered on the register of members of the Company at the close of business on [ insert date ] ]...

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Web page updated on 22/05/2026

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