Dec 02 2011

French > English Financial Glossary: Acompte sur dividende > Interim Dividend

Category: Financial GlossaryFinancial Translator @ 10:40 am

Plain English explanation:
This is a dividend payment approved by the company prior to approval of the annual financial statements. Such dividends usually accompany a company’s interim financial statements and are based on year-to-date performances and the outlook for the remainder of the year. Interim dividends are more usual in the UK where historically many companies have tended to declare dividends on a six-monthly basis.

Definition:
Somme versée par anticipation aux actionnaires représentant une partie du dividende global dont le paiement doit intervenir à une date ultérieure.
Author: trader-finance.fr (http://www.trader-finance.fr/lexique-finance/definition-lettre-A/Acompte-sur-dividende.html)

More technical stuff:
English translation: Interim dividend
Source: French Dictionary of Business, Commerce and Finance
Date: 1996

Context:  
Le Conseil d’administration a décidé au cours de sa séance du 29 juillet 2009 le versement en numéraire d’un acompte sur dividende de 0,60 euro par action au titre de l’exercice 2009.

Tags: accounting term

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