Just read the F & C investment trust results. They say they'll pay a
second interim dividend in lieu of a final dividend.
Another company recently said the same thing.
Why?

The F & C div seems to be paid earlier, ie in the current tax year, if
that is relevant. Usually it's paid in May.

On 05/03/2010 09:37, Tiddy Ogg wrote:
Just read the F& C investment trust results. They say they'll pay a
second interim dividend in lieu of a final dividend.
Another company recently said the same thing.
Why?

The F& C div seems to be paid earlier, ie in the current tax year, if
that is relevant. Usually it's paid in May.


There seem to be a few companies bringing forward dividends, presumably
to pay before the next tax year, when the higher tax rate goes up from
40% to 50%?

"Tiddy Ogg" wrote in message
...
Just read the F & C investment trust results. They say they'll pay a
second interim dividend in lieu of a final dividend.
Another company recently said the same thing.
Why?

The F & C div seems to be paid earlier, ie in the current tax year, if
that is relevant. Usually it's paid in May.


What's the difference between an interim div and a final div?

What's the difference between an interim div and a final div?

The interim is paid halfwy through the company's trading year, as a
rule, the final one, which has to be approved by shareholders, at the
end. If a company has done particularly well, they occasionally pay a
second interim... but not in lieu of a final one.

"Tiddy Ogg" wrote in message
...

What's the difference between an interim div and a final div?

The interim is paid halfwy through the company's trading year, as a
rule, the final one, which has to be approved by shareholders, at the
end. If a company has done particularly well, they occasionally pay a
second interim... but not in lieu of a final one.


So the only real difference (apart from the name) is
that the shareholders need to approve a final div?

Are (interim) divs actually linked to any particular trading year?