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

Unclaimed Dividend

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Interim Dividend

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Proposed Dividend

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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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A company with 15,000 shares of ₹ 100 each declares an annual dividend of $5 %$ . What is the total dividend paid by the company?

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