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1. The first point you need to realise is that the issue of dividends is totally separate from any role you occupy in the company. So, although you have been offered an alternative role in the company, this will not affect your entitlement to dividends. You will still get 20% of any dividend declared. However, the company must have distributable profits and a dividend must be declared, for you to receive your entitlement of 20% of dividends. However, your change in role will not affect the amount of dividends you receive from the company. These will remain at 20%. However, you should seek a role you are happy with, as this will form your employment contract with the company, which is separate from both your role as director and your entitlement to dividends.