Updates: Dividends Tool
Following extensive discussions with users and additional proprietary development, our new Dividend tool (in the Income section on Code) has launched!
Dividends are an important and liquid part of owner / shareholder remuneration and can also lead to significant accumulated wealth.
Dividends are also a rich potential source of donations as recipients see them as extra income over their normal salary (that is normally pre-allocated to normal living expenses) so bigger % donations will come from dividends than salary.
Furthermore, typically dividends are taxed at a lower rate than salary!
To use the new tool, navigate to income / Dividends you now need to initially select whether you have access to financials or no financials.
Select ‘Financials” if you don't have access to full accounts, but do have access to sales, net income or net assets.
Select ‘No Financials’ if you don’t have any financials and then just enter the number of employees (often found on LinkedIn. Using the ⒸPredictor tool Code will estimate the likely dividends that the company will pay.
For advanced users and those with access to the full accounts, you can still select full accounts in the financials option and Code will support your research in finding those hidden dividends (as covered in the masterclass and coming to the Knowledge base soon!)
If you have any queries, need support or want to give us any feedback drop me an email at Jonathan.jeffery@pyro.solutions
We have further developments and cool things coming soon…..so watch this space!