What is the difference between interim and final dividend?

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According to the IEPF, As stated before, dividends are essentially a distribution of profit that acts as a return on investment for those people who have purchased the shares of the company. The interim dividend is associated with a certain time period- usually, 6 months whereas the final dividend is for the fiscal year. The final dividends are paid out after the profits and earnings received by the company after every financial year according to their financial statements whereas the interim dividends are the surplus profits of the previous years that are paid out to the shareholders in the middle of the next financial year.

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