Q/- What is meant by interim divident?
Its urgent
(Guest)
2 Replies
Balaji R K
(Salaried)
(158 Points)
Replied 16 September 2011
Hi Manish,
Dividend is just the distribution of profits among the Shareholders of the Company. It may be interim or Final. Generally Interim dividends are distributed to shareholders between 2 sucessive Annual General Meetings and before finalisation of accounts.
ashish gupta
( student)
(1922 Points)
Replied 17 September 2011
yes balaji is right.
interim dividend is distributed before the finalisation of accounts from the current year profits.
Directors have the power to declare the interim dividend
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