I

Glossary · PSX term

Interim dividend.

An interim dividend is a payout declared partway through the financial year, before annual results.

Definition

Companies may pay interim dividends after quarterly or half-year results to share profits as they accrue. A final dividend may follow once full-year accounts are approved at the AGM.

Worked example

A bank might declare a Rs. 2 interim dividend after its half-year results and a Rs. 3 final dividend after the AGM.

Related on PSX Clarity

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