Withdrawn dividend recommendation
The board revoking a recommendation it had already made, before the meeting approved it.
How to read the number
It demonstrates what a recommendation is: a proposal that lives until the vote, and one from which no obligation to a holder arises.
When the metric lies
By the time of the withdrawal the price often already carries the future payment, so the repricing is abrupt and the expected calendar event simply never occurs.
Also known as: withdrawn recommendation