United Kingdom : New dividend and performance related interest caps now in place

From today, 01 October 2014, the dividend and performance related interest caps are changing and will affect all CICs. This means that Community Interest Companies will no longer be subject to the maximum dividend per share cap which restricted dividend payments to 20% of the paid up value of a shar...

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Bibliographic Details
Published inMENA Report
Format Newsletter
LanguageEnglish
Published Camden Disco Digital Media, Inc 01.10.2014
Subjects
Dividends
Stock prices
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Summary:From today, 01 October 2014, the dividend and performance related interest caps are changing and will affect all CICs. This means that Community Interest Companies will no longer be subject to the maximum dividend per share cap which restricted dividend payments to 20% of the paid up value of a share.
ISSN:2219-0112