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  1. Word Dancer

    Word Dancer Member

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    Business Question

    Discussion in 'Research' started by Word Dancer, Jul 28, 2011.

    I have a character that owns a part of a family business that has become quite successful. Would he get a piece of the profit monthly, quarterly, yearly?
    Does it make a difference if it is publicly traded company?
    It's not a large part of the plot, but a detail I'd like to be informed on before including it.
     
  2. LostInFiction

    LostInFiction Senior Member

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    Hi,

    I'm no expert but I do know that a limited company can pay dividends from its profits. This could be monthly or quarterly if you wanted it to be. (UK).
     
  3. mammamaia

    mammamaia nit-picker-in-chief Contributor

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    in either case, it depends on how the company and its dividends-paying system is set up...

    if a privately owned family business and he is a working member in it, as my 2nd ex and his brothers were, he'd be getting a salary, in addition to a cut of the profits...
     
  4. Word Dancer

    Word Dancer Member

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    Looks like dividends is the answer.
    Thanks for the answers.
     

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