Sample Disclosure – Dividend Declaration in Directors’ Report (18 August 2009)

DIVIDENDS RM
The amounts of dividends paid or declared by the Company since 31 December 2007 were as follows:
In respect of the financial year ended 31 December 2007 as reported in the directors’ report of that year:
Final dividend of 45% less 25% taxation, on 100,000,000 ordinary shares, declared on 1 March 2008 and paid on 1 April 2008 33,750,000
In respect of the financial year ended 31 December 2008:
Interim dividend of 10% less 25% taxation, on 100,000,000 ordinary shares, declared on 1 June 2008 and paid on 10 June 2008 7,500,000

At the forthcoming Annual General Meeting, a final dividend in respect of the financial year ended 31 December 2008, of 30% less 25% taxation on 100,000,000 ordinary shares, amounting to a dividend payable of RM22,500,000 (22.50 cents net per ordinary share) will be proposed for members’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the members of the Company, will be accounted for in equity as an appropriation of accumulated profits in the financial year ending 31 December 2009.

Be Sociable, Share!

Tagged As: , , , , ,

2 Responses to “Sample Disclosure – Dividend Declaration in Directors’ Report (18 August 2009)”

Leave a Reply

Your email address will not be published. Required fields are marked *