Dividend approval
The shareholder meeting's decision on a payment: it may not exceed the amount the board recommended, but it may be smaller or nil.
How to read the number
This is where uncertainty ends: until that day any figure is one corporate body's proposal to another.
When the metric lies
Approval matching the recommendation is customary, not guaranteed: a meeting may refuse, and the item may be struck from the agenda.
Also known as: dividend approval