answersLogoWhite

0


Best Answer

An interim dividend is declared and paid by the directors subject to the members approval (at the AGM after the accounts have been laid before the members or members written resolution).

A final dividend is a dividend approved by the members either in general meeting or by writen resolution. I think these used to be shown as proposed dividends before the latest FRS on events after the balance sheet date or final dividend paid if approved by the members in the year.

I believe an interim dividend should be paid in cash but that a final dividend as it is approved by the members could be credited to a directors loan account at the date of approval rather than paid in cash

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Difference between interim dividend and final dividend?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between dividend paid at the end of the financial year and interim dividend?

final dividend is paid after close of financial year.interim dividends are paid during financial year depending upon company financial health & policies.


What is interium dividend?

Interim Dividend: Companies can pay dividend at the end of financial year which is called final dividend but sometimes companies declare two dividends one in the middle of the financial years that dividend is called interim dividend and then one at the end of the financial year which is called final dividend.


What are the difference between interim and final order Explain on your own words?

Sure! The difference between an interim is that an interim is kinda like a progress report in the middle of every quarter. A final is at the end of each semester. Huge difference.


What is difference between final and proposed dividend?

Proposed dividend refers to the amount expected to be paid to shareholders. Final dividend is the official dividend paid to shareholders at the end of a financial year.


What is interim dividends?

Interim dividends are the dividend payments a company makes before the Annual General Meeting and final financial statements.


How often are stock dividends paid?

Most companies will pay twice a year, an interim dividend followed by a final dividend, some companies pay four times a year.


Was their a final dividend on Enron shares?

no


What is the difference between inuyasha and inuyasha the final act?

there us no really big difference between them inuyasha final act is basicley the closing of the whole anime


When a woman files for interim maintenance is it imminent that she is agreeing for divorce?

Generally, interim maintenance is ordered by a court during a proceeding and continues only until the final hearing when the final court orders are entered with the decree. Therefore, generally, if a woman files for interim maintenance she is in the process of a divorce action.


What is the difference between abstract class and final class?

20


Difference between expenditure on final goods and expenditure on intermediate goods?

The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.


What is difference between the initial and final depth of water?

To find the difference between the initial and final depth of water is to subtract the final depth by the initial depth. The initial depth of what is what the water depth starts at and the final depth is the depth of the water once it is finished filling up.