An issue of shares available to shareholders that replaces a dividend payment. Shareholders have the option to forgo their dividend for the share alternative.
This is a method by which a company offers shareholders a way of taking dividends in the form of company shares. In a Scrip scheme, the cash dividend is not paid to those holders opting to receive shares. Instead, shares are allotted to participating holders and share certificates sent to them on the payment date. If the amount of the dividend is not divisible exactly by the share price and there is a fraction of a share left over, this is added to the next dividend or given to charity depending on the terms of the scheme. The scrip scheme involves the issue of new shares to fulfil the dividend payments. Xansa currently offers shareholders a scrip dividend option.
Instead of paying a dividend out in cash, some companies will issue with new shares of the same value instead. This is known as a scrip dividend.
An issuer allows holders of a share to opt to receive dividends in the form of further units of the security rather than just cash
A dividend where shares in the company are taken as payment of the dividend as opposed to cash.
A Dividend benefit in shares not cash.
A scrip issue made in lieu of a cash dividend with shareholders given the choice of cash or scrip.... more on: Scrip dividend
Payment of a dividend as shares instead of cash by increasing the number of shares. A scrip dividend can reduce earnings (profits per share).
A dividend payment made to shareholders in the form of shares.
Shareholders can receive dividends in share form instead of cash form.
a dividend that is automatically paid as an issue of new shares instead of cash.
A benefit distribution in which a company distributes dividends in share form or a combination of share and cash.
An issue of shares to an investor in lieu of a cash dividend. The value of the shares will be designed to equal the value of the cash dividend foregone. This may be useful for investors who wish to increase their investment in the company without incurring the costs of buying shares in the market.
Sometimes companies will offer to pay dividends in shares instead of cash if shareholders want this.
Where a company distributes dividends in the form of shares.
Dividends paid in the form of shares.
A type of dividend payable in short-term promissory paper, called scrip, to conserve cash at the particular dividend period
