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:
Open the necessary entity and navigate to Securities > Shares/Units
Select the Dividends heading and then click the + New button
Choose Cash Dividends and fill in the appropriate fields
✨ Transaction Date: The dividend will be paid as at the date selected and only include shareholdings outstanding on that date.
When finished, click Draft, the new dividend will appear inline under the Dividends heading. To review the details of the dividend, click on the dividend.
✨ Within Details you can see exactly how many shares there were outstanding as at the selected transaction date.
✨ From the Shareholdings 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.
BONUS: All of this information is available in Document Coding as well!
Watch the video below to see the Cash Dividends workflow in action: