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What is the qualifying year for the dividend program?

April 26, 2017dividend program

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What is the qualifying year for the dividend program?

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The ‘qualifying year’ is the calendar year preceding the year an individual applies for a current year dividend. For example, for a person who is applying for a dividend in 2009, the qualifying year is 2008. Eligibility for the dividend program is determined by an individual’s residency activity during the qualifying year.