Practical Law UK Glossary 8-107-6288 (Approx. 3 pages)
Glossary
Interim dividend
In general, a dividend which is paid before the company's annual earnings have been calculated. Typically, interim dividends are decided solely by the board and are distributed either quarterly or after the first six months of the company's financial year. Interim dividends are usually, but not always, smaller than the final dividend.