Step 4 - Setting up Dividends

Now that the shares have been assigned to the correct shareholders we can setup the dividends that these shareholders are going to receive. They are going to receive a 10p per share final dividend on share type 1 which are the Ordinary A shares.

  1. From the Share Register click on the Dividends tab. There should be nothing on this screen.

  2. Click New. The New Share Dividend screen will appear.

  3. In the Share Type field click the down arrow and select 01 Ordinary A.

  4. Click the Choose Y/E option. An Accounting Period screen displays with nothing on it.

  5. In the New Year End Date field enter 31/12/2003 and click OK.

  6. Highlight this new year end and click OK.

  7. In the Payment Due field enter 31/12/2003.

  8. For Shares Held as at End of should automatically be filed in.

  9. Enter 0.10 in the Dividend Per Share field.

  10. Enter 22 in the Tax Rate field.

  11. The Description field will be completed automatically.

  12. In the Narrative field enter Final Dividend for 2003 and click Insert.

This dividend will now appear on the Dividends tab.

Click here for Step 5.