Britney and Celine are directors of Pink Ltd

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Britney and Celine are directors of Pink Ltd. Pink Ltd is a non-listed public company that is in the music promotions business. It has been running for several years at a massive loss because it has spent enormous amounts of money bringing unpopular 70s musicians to Australia. The Leo Sayer Downunder Tour caused a $2 million loss in 2007, the Rupert Holmes Spectacular resulted in a $3.5 million loss in 2008, and the Bee Gees Revival lost the company $1.9 million in 2009. During the 2010 financial year, things started looking up for Pink Ltd. They signed a contract with an aspiring young talent called Justin Badhair. The Badhair tour attracted enormous crowds, and Pink Ltd generated a $1.1 million profit during the 2010 financial year. Britney and Celine now want to declare a $1 million dividend for their long-suffering shareholders. Advise Britney and Celine.