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English definition of “interim dividend”

interim dividend

noun [C]
 
 
(also interim payment)
FINANCE, STOCK MARKET a part of a company's profits that is paid to shareholders before its annual profits 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 interim dividend of 1.57p per share for the half year, a 2.6% increase.raise/increase/maintain an interim dividend The group has increased its interim dividend by 10% to 3.3p. an increase/rise in the interim dividend to pay/declare an interim dividend The interim dividend is up 15% to 0.75p, payable on September 7. → Compare final dividend
(Definition of interim dividend from the Cambridge Business English Dictionary © Cambridge University Press)
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