Jurisdiction(s):
United Kingdom

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Key definition

Dividend definition

What does Dividend mean? A dividend is a distribution by a company to its shareholders, usually in cash but sometimes in shares (scrip/bonus) or in specie, representing a return on their shares from the company’s profits. Although “dividend” itself is a descriptive term, the legality of paying one is governed by company law: under the Companies Act 2006 (UK) and the Companies Act 2014 (Ireland), dividends may only be paid out of distributable profits, determined by reference to the company’s relevant accounts. In practice, boards may pay interim dividends; final dividends are recommended by the board and approved by shareholders, and cannot exceed...

Are dividends included in a week’s pay for notice and redundancy?

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Q&As

Redundancy pay

The statutory redundancy entitlement is assessed by reference to a week’s pay, under sections 220–229 of the Employment Rights Act 1996 (ERA 1996). The approach to working out a week’s pay varies according to the pattern of hours an individual works and the pay arrangement that governs them. Regardless of the rule used, the figure for a week’s pay is ultimately derived by reference to the employee’s Remuneration...

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Web page updated on 27/05/2026

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