Billionaire Kerry Stokes and his Seven Group are poised to succeed in the push to take full ownership of Boral, after the independent directors of the cement and asphalt group backed a fine-tuned $1.9 billion offer from Seven sweetened with dividends.

Talks between Seven and Boral over the past few days have resulted in both sets of shareholders rewarded with dividend payouts from their respective companies. Boral will pay a fully franked dividend of 26¢ on April 26, while Seven has announced it will pay a special one-off dividend of 30¢ once the offer closes, providing extra incentive for Boral shareholders to accept the cash-and-scrip offer.