Cash Dividends

Nonto Mthembu
Nonto Mthembu
  • Updated

Add additional details to the cash dividend workflow to allow for more robust reporting and document automation!

 

Document and report on your cash dividends by using the Securities section of the Athennian platform. To declare dividends:

  1. Open the necessary entity and navigate to Securities > Ownership. Select the Dividends tab and then click the + New button
  2. Select Cash Dividend and in the Cash Dividend Details tab, fill in the information as seen in the screenshot below. Users will see exactly how many shares that are outstanding as at the selected transaction date.
    NOTE: The dividend will be paid as at the date selected in the transactions date field and only include shareholdings outstanding on that date.
    Screenshot (102).png

 

3. From the Holdings and Amounts Paid tab, you'll see all the shareholders who received the dividend payment, how many shares they had on that date, and how much they got paid.

4. When finished, click Create, and the new dividend will appear inline under the Dividends tab. To review the details of the dividend, click on the dividend.

 

Video Instructions: