Dividend omission
A period passing with no payment: no resolution was taken, the recommendation was nil, or distribution is prohibited by statute.
How to read the number
The causes carry different weight: postponing for a large construction project is a choice, while a prohibition triggered by net assets is already a sign of trouble.
When the metric lies
The wording of such announcements is similar and the meaning is not. Telling a decision not to recommend from an inability to pay requires reading the grounds, not the headline.
Also known as: dividend omission