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Glossary · PSX term

Final dividend.

A final dividend is the payout declared with full-year results and approved by shareholders at the AGM.

Definition

Unlike an interim dividend, the final dividend is recommended by the board and confirmed by shareholder vote before payment. Adding interim and final dividends gives the total dividend for the year.

Worked example

If a company paid a Rs. 2 interim and declares a Rs. 4 final dividend, total dividends for the year are Rs. 6 per share.

Related on PSX Clarity

Term
Interim dividend
Term
Annual General Meeting (AGM)
Term
Gross dividend
Term
Payout ratio

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