It depends on the type of the dividend declared. If it’s a purely cash dividend, you do not have an option to take up shares instead. However, if a cash dividend with a scrip option is declared, you can opt to receive more shares in the company in which you have invested. So far, CEC only pays out cash dividends. If you wish to increase your shareholding using your cash dividend, ask your broker to reinvest the proceeds into CEC shares on your behalf.
Can I take my dividend in shares? Print
Modified on: Fri, 18 Sep, 2020 at 5:24 PM
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