The dividend management module is one of the additional modules available to Oskari™. It can be used in companies and cooperatives. The module aids the calculation of dividends and interests. It's also a great tool for the distribution of said dividends and interests to members and shareholders, and dealing wiht pre-tax calculations.
Dividends and interests are calculated according to ownership on a chosen day. This can be the day of the general meeting or any other selected date. There are several ways by which the dividends or interests can be calculated. This can be done by the amount of share classes or by use of services offered by the cooperative. All calculated dividends and interests are added to the Oskari database.
Oskari retains reports of paid dividends, paid interests, unpaid dividends and unpaid interests. The person getting the dividend or interest can be the shareholder, member or some other beneficiary. For example, a grandfather can donate his dividends to his grandchildren or a grandparent can donate their shares to their grandchildren and keep the dividends for themselves.