Why was the equity dividend paid less than the amount announced?

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Why was the equity dividend paid less than the amount announced?

Why was the equity dividend paid less than the declared amount? There are several reasons for the low payment of equity dividends, which probably do not include all shareholders. First, the issue is related to the sale of equity shares. Last year, shareholders could request the sale of equity shares. Meanwhile, brokerages sold the shares of some shareholders. By selling shares, the number of shares is reduced and less profit is given to the shareholder The second issue is related to the share of each company in the equity portfolio of each shareholder. The Central Depository Company and the Stock Exchange Organization have stated many times that the portfolios of shareholders are different. It means that a person may have more or less shares of some companies than other shareholders. For this reason, he has received more or less profit than other shareholders.