Dividend and interim dividend
Querist : Anonymous
Plz tell me weather dividend and
interim dividend is same or difference
If difference what..
Regard
Shivam jha
Dividend is also to be called "final dividend" declared and calculated on determination of profitability and financial position of the company at the end of the year while Interim dividend is paid during the running financial year from undistributed profits.
Querist : Anonymous
Before finalization of accounts or after
finalization of accounts,
Declaring dividend is an ordinary business to be discussed at AGM which is generally accepted by shareholders at the meeting.Final dividend is proposed by Board of directors and cannot be more than recommendation provided in Director's report which is in accordance with articles of association.
Querist : Anonymous
is always paid after finalized accounts,
If dividend will be paid after finalized
The accounts in that case how the
accounting entry of dividend payment
Will be pass in finalized accounts,
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