Forums
Back
Accountancy
Interim Dividend is calculated on 6 months or 12 months?
Answers (3)
Sahibdeep Singh
Time criteria is not considered in the calculation. Interim dividend @10% declared on say 30 Nov, 20X1 in the financial year 20X1 - 20X2, would simply mean apply 10% to share capital
Thanks sir. Thats what i was confused. I thought interim divident means dividend for half year.