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Posted: Thu Oct 09, 2014 8:25 pm
by Cali.uk
What does "expected dividend of 37p in the £" mean exactly? If we do not reach this what happens then? Our Chairman's report just says epected, but doesn't say what happens if we don't reach it? Any help please?
Posted: Thu Oct 09, 2014 8:31 pm
by Foggy
If you make all payments as agreed they expect you will hit this figure. It is not a minimum dividend. If your pay increases for any reason or you have overtime and things like PPI refunds the dividend might well exceed this figure. If you don't reach it but have complied with the terms of the IVA then the IVA will conclude with a lower dividend.