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Question

Dividend declared in between two annual general meeting is called _______.

A
Unclaimed Dividend
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B
Interim Dividend
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C
Proposed Dividend
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D
Scrip Dividend
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Solution

The correct option is B Interim Dividend
An interim dividend is a distribution to shareholders before a company has determined its full years profits. A dividend which is declared between two annual general meeting is called interim dividend.

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