Spread Interest Dollar cost that a borrower pays a lender for the use of the lender's money. Interest Rate Options Option contracts that are based upon underlying debt instruments. Upon news of rate increases or decreases, the stock will go up or down in price. Examples of interest-sensitive stocks include bank and utility companies. Interim Dividend A dividend that is declared and paid before annual earnings are determined.
Most companies plan quarterly dividends they know they can afford.
A report that presents a corporation's income statement for the period and, sometimes the balance sheet. An individual who is on the board of directors for more than one corporation. An electronic communications network that links the posts of specialists who are market makers for the same securities at the floors of seven registered exchanges to foster competition among them. Through ITS, a broker at one exchange may direct an order to another exchange where the quote is better. An intermediary is used because they are investment specialists that usually can obtain higher returns than the average investor.