Just a quickie - Is there any rule against paying a dividend greater than the profit ? plc's do it so I assume its OK.
the company will have minimal trade this year but is cash rich - I intend to just take a dividend to extract some of the cash, then close it with a capital distribution - S220 or something ?
I seem to remember seeing some warning somewhere that the company can get classed as an investment vehicle and this is a bad thing ?
the company will have minimal trade this year but is cash rich - I intend to just take a dividend to extract some of the cash, then close it with a capital distribution - S220 or something ?
I seem to remember seeing some warning somewhere that the company can get classed as an investment vehicle and this is a bad thing ?
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