interim dividend

(redirected from Interim Dividends)
Also found in: Dictionary, Legal.
Related to Interim Dividends: Final Dividend

Interim dividend

The declaration and payment of a dividend prior to annual earnings determination.

Interim Dividend

In the United Kingdom, a dividend declared and paid before the company has compiled or released its final financial statements for a given year. In the U.K., dividends are commonly declared twice per year; the dividend given before a company's annual meeting (at which financial statements are announced) is called the interim dividend. It is often, but not always, smaller than the final dividend.

interim dividend

A dividend declared before a firm's annual earnings and dividend-paying ability are accurately known by its management. An interim dividend is ordinarily paid in each of the first three quarters of the fiscal year. These payments are followed by a final dividend at the time that earnings can be accurately determined. Compare final dividend.

interim dividend

see DIVIDEND.
Mentioned in ?
References in periodicals archive ?
On the other points, merely switching to interim dividends without increasing the payouts does not exactly send a strong positive signal to the market.
The company also declared an interim dividend of GBP0.
The company had planned to pay an interim dividend of 6.
An Asahi Breweries spokesman said the company has an ample capital base to pay shareholders an interim dividend but a revision to the Commercial Code last year made it impossible for the firm to do so if it sticks to its plan to purchase the 60 million shares.
It is not clear why management decided to recommend an interim dividend payment; however, it is probably linked to the change in the company's ownership, which creates risks that the dividend policy could be revised in the near future.
Faced with continuing falls in prices of stocks they hold, many major banks are considering paying annual dividends for fiscal 2001 through next March while skipping interim dividends.
The interim dividend will be announced on Friday, November 5, and the payment date remains as Friday, December 17.
The Unilever PLC interim dividend date, and those for the PLC American Shares and N.
Itochu decided to give up its plan to pay an interim dividend of 3 yen per share as it expects to post a 72.
The Boards today declared interim dividends in respect of 1995 on the Ordinary capitals at the following rates which are equivalent in value at the rate of exchange applied under the terms of the Equalization Agreement between the two companies:
interim dividend, payable as from December 20, 1995, has been fixed unchanged at Fl.
The Boards today declared interim dividends in respect of 1994 on the Ordinary capitals at the following rates which are equivalent in value at the rate of exchange applied in terms of the Equalisation Agreement between the two companies:

Full browser ?