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Posted: Sat Apr 12, 2014 9:02 pm
by 12878
I do not understand what they mean by dividends.. Can anyone help in laymans terms..?
Posted: Sat Apr 12, 2014 9:35 pm
by Foggy
A dividend is the payment to creditors, usually expressed as pence in the pound. So, for simplicity, say you owe Barclays £100 and your anticipated dividend is 17 p, they will get £17.
Posted: Sun Apr 13, 2014 8:21 pm
by MelanieGiles
Dividend are paid in proportion to the debts owing - so those creditors who are owed more will get a larger payment than those who are owed smaller amounts.