interim dividend definition

interim dividend

Distribution of profits to stockholders (shareholders) before a firm's annual earnings have been computed, or at any time between two successive annual general meetings (AGM). Interim dividend is generally paid quarterly in the US and half-yearly in the UK. Firms paying interim dividend try to be reasonably certain they can afford it, and make the necessary adjustments (if any) in the subsequent or year-end dividend payments.

interim dividend is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

interim dividend appears in the definition of the following term: interim statement

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