Dividend limitation

By:
Updated: Aug 20, 2021

During the incomes policy in Britain, and at other times when wages have been ‘frozen’ in the interests of controlling inflation, the government also imposed a dividend limitation. In 1969 total ordinary dividends in respect of company account years were limited to not more than 3½ per cent above the amount declared for the previous year.

Reference: The Penguin Dictionary of Economics, 3rd edt.



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.