Dividends from AIB and Anglo shares calculation

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Freddie

Registered User
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I don't want to discuss these individual shares just how the dividend was calculated

On the 11/04/07 I bought 460 AIB shares @ 21.76. On the 25/09/07 I received 102.30 in dividends.
On the 09/05/07 I bought 580 Anglo Irish shares @ 17.09. On the 17/07/07 I received 30.06 in dividends.
Are the dividends correct? If so how are they calaculated? Were they calculated as a fraction of the year?

On my share certificates it says .32 cents for AIB ordinary shares(460 x .32 = 147.2? ) and on the Anglo one its says .16 cents (580 x .16 = 92.8?)
 
Remember that dividends will normally be paid net of 20% dividend witholding tax. What were the gross dividend payments (per share) in each case? What are the €0.32 and €0.16 figures that you mention? If these are from the original share certs then they are probably irrelevant here.

If you had 460 AIB shares and received €102.30 in net dividends then I presume that the gross dividend per share was ((€102.30 / 8) * 10) / 460 = c. €0.2780 per share?
 
Clubman I don't know what the gross dividents per share is/was. Is there somewhere online I can check this?
I just received a cheque with a statement giving a Dividend Received figure of 102.30 for AIB and 30.06 for Anglo.
.32 was on the AIB Cert and .16 was on the Anglo Cert. I got both of these issued to me on the 16/10/07 when I closed my account with Merrion Stockbrokers
 
Freddie said:
Clubman I don't know what the gross dividents per share is/was. Is there somewhere online I can check this?
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www.ise.ie
I just received a cheque with a statement giving a Dividend Received figure of 102.30 for AIB and 30.06 for Anglo.
.32 was on the AIB Cert and .16 was on the Anglo Cert. I got both of these issued to me on the 16/10/07 when I closed my account with Merrion Stockbrokers
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What certs are you referring to - the actual share certs or some sort of dividend "certs"? You should have received details of the gross and net dividend and a certificate for any dividend witholding tax deducted which you will need in order to claim a credit against income tax. If 20% DWT was deducted and you are a 41% taxpayer then you still owe 21% income tax.
 
The certs I'm taking about are the actual share certs. I'd didn't receive details of the gross + net dividends or a certificate for any dividend witholding tax deducted
 
Freddie said:
The certs I'm taking about are the actual share certs.
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The figures on these are largely irrelevant to the dividend (and most other) issues.
I'd didn't receive details of the gross + net dividends or a certificate for any dividend witholding tax deducted
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You should contact your broker. You need these.
 
Thanks Clubman and Clarkey. I see how the dividend figure was calculated now. Just need to get on to Merrion about the certificate for any dividend witholding tax deducted.
 
AIB Dividend on 25.09.07 27.8p per share. Gross dividend (27.8p * 460) €127.88 less 20% tax = €102.30

Anglo dividend on 17.07.07 6.48c per share. Gross dividend (6.48c * 580) €37.584 less 20% tax = €30.06.
 
See the AIB website for info on dividends. Here is the link to Investor Relations part of the website

[broken link removed]

AIB paid an interim 2007 div of 27.8c per share gross. This was paid on 25-Sep. That makes 460*0.278 = 127.88 gross, less 20% DWT means 102.30 in div rec'd.
 
Thanks Protocol thats what I received. I just need to get the certificate for any dividend witholding tax deducted from my the stockbroker now.
 
You do realise that dividends are paid twice a year, Interim and Final?
If you hold the Share Certificates or have a CREST account, then you'll receive two letters a year with either a cheque or a mandate statement. All the figures you need are there.
 
Gautama said:
You do realise that dividends are paid twice a year, Interim and Final?
If you hold the Share Certificates or have a CREST account, then you'll receive two letters a year with either a cheque or a mandate statement. All the figures you need are there.
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I would like to avail of dividends but what I'd like to know is how late can you buy, to receive these dividends?
 
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