Interim dividend: board may declare if authorised by articles, subject to regularisation by shareholders at the annual general meeting. The board may pay an interim dividend if authorised by the articles of association, but any interim dividend must be regularised by the company in general ... Summary
Interim dividend: board may declare if authorised by articles, subject to regularisation by shareholders at the annual general meeting.
The board may pay an interim dividend if authorised by the articles of association, but any interim dividend must be regularised by the company in general meeting; the appropriate meeting for such regularisation is the annual general meeting because the profit for the financial year would not otherwise be known.
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