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Meaning of “interim dividend” in the English Dictionary

"interim dividend" in Business English

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interim dividendnoun [C]

uk   us   (also interim payment)
FINANCE, STOCK MARKET a ​part of a company's ​profits that is ​paid to ​shareholders before its ​annualprofits have been ​calculated. Interim ​dividends are usually ​paid every six months in the UK, and every three months in the US: Shareholders will ​collect an ​interimdividend of 1.57p ​pershare for the half ​year, a 2.6% ​increase.raise/increase/maintain an interim dividend The ​group has ​increased its ​interimdividend by 10% to 3.3p. an increase/​rise in the ​interimdividend to pay/​declare an ​interimdividend The ​interimdividend is up 15% to 0.75p, ​payable on September 7.
(Definition of interim dividend from the Cambridge Business English Dictionary © Cambridge University Press)
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