Dear all,
I would like to know if a company can declare interim dividend for 2013-14 before 31.03.2013?
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Interim dividend
Replies (3)
I don't think so Interim Dividend for the period 2013 -14 can be paid before 31st March 2013.
Please wait for others to reply.
Regards,
Devendra Kulkarni
No, Shweta Interim Divi is declared & paid in the CY itself. After preparing Interim Accounts, adequecy of profits is adjudged & thereafter Interim Div is declared and paid. Also the time gap between declaration and payment is not more than 10-15 days.
If you declare interim dividend before 31.03.2012 then it will interim dividend for the year 2011-12.
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