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John Moffat.
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James124
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Tutor John Moffat,
Can you please differentiate in dividend proposed and dividend declared?
John Moffat
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The directors propose (i.e. recommend) how much dividend is to be paid, but the shareholders then vote on it (and in theory could change the amount).
Once it has been voted on it becomes certain and is then a declared dividend.
James124
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