Friday, 23 October 2015

Bizblog term of the week: Interim Dividend



      An interim dividend are dividend paid to shareholders before the presentation of the company's year end financial statement(i.e a dividend paid out of the earnings acquired by a company during a particular period within the year),Interim dividend declaration & payment is always accompanied by an interim financial statement.
  
    Interim dividend is always been paid to shareholders before the company's annual general meeting(AGM).In otherwords,Interim dividend could be distributed to shareholders on a quaterly or semi-annually basis as such that its done before the release of the annual financial statements.

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