Preparing a Dividend Statement

Question

How do I prepare a Dividend Statement?

Answer

1. Navigate to Menu > Companies. Select the Company you are creating a Dividend Statement for, and select "See Full Profile".
2. From within the Company Profile, navigate to All Forms > Share Management > Dividend Statement.
3. Fill out the form with the following details:
   • Date of Declaration
   • Proposed Payment Date
   • Dividend type
   • Payment type
   • Are dividends split equally between all share classes?
   • Amount
   • What Percentage of the Distribution is Franked?
   • What Company Tax Rate to be applied for franking purposes? (You can select tax rate from 2015-16 financial year to present)
   • Chairperson
   • Documentation to Generate
4. Complete the document to generate the document

Note:

1. If you would like to amend the documents, you may use the Edit Online tool. You can also click the information icon for more information about tax rates in point 8 above.

2. The default meeting address will be registered address of the company. If you would like to amend the documents, you may use the Edit Online tool.

Note: If there is a Sole Director recorded for a Company, the "Documentation to Generate" tab, will not provide the Minutes option, as it requires at least two Directors to hold a meeting.