GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Final dividend
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Interim dividend
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Special dividend
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Proposed dividend
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Detailed explanation-1: -An interim dividend is a dividend payment made before a company’s annual general meeting (AGM) and the release of final financial statements. This declared dividend usually accompanies the company’s interim financial statements.
Detailed explanation-2: -An interim dividend is a dividend that is paid before the company’s financial year-end, while a final dividend is a dividend that is paid after the company’s financial year-end. Interim dividends are usually smaller in amount than final dividends.
Detailed explanation-3: -Summary. An interim dividend is the distribution of earnings to shareholders before the end of the fiscal year. Companies pay dividends to incentivize equity investors that are looking for income together with share price appreciation.
Detailed explanation-4: -What Is Interim Dividend? The interim dividend means the dividend a company declares and pays before the annual general meeting, before the end of the financial year and before issuing its annual financial statements.
Detailed explanation-5: -Interim Dividend: Dividend paid on shares before the declaration of Final Dividend is Interim Dividend. Some specific features of Interim Dividend: It is declared by the Directors in the Meeting of Board of Directors. It is paid any time between two Annual General Meetings.