( Log Out /  A chronological recording of each individual trades that has been transacted by each counter for the day. Asian Indices delayed. GTX, GTXMQ CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Garrett Motion Inc. Singapore population drops for first time since 2003 on economy, FIRSTENERGY 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against FirstEnergy Corp. - FE, Beijing autoshow: Demand rebound, EV boom mix with murky outlook, Thế hệ 7x, 8x xóa e ngại tiếng Anh sau 90h online, VAXART INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Vaxart, Inc. - VXRT, How to set boundaries with your manager without getting into trouble. To conserve cash and bolster the banks’ reserves. Please respond on or before Reply Date via SC Online Trading Platform. Use the intrinsic value analysis to derive the actual value of listed companies. For CRCT, I am akin to ‘paying a premium’ to hold on to more shares. Since the number of shares received is below the standard board lot of 100 (also known as “odd lots”), they cannot be easily traded on the Singapore stock market. TL;DR: Details About OCBC Scrip Dividend Scheme for the 2020 Second-Quarter Click here to like and follow us on Facebook, here for our Instagram group and here for our Telegram group.

You can then choose Oversea-Chinese Banking Corporation Limited under “Security Name” and you will be directed to another page. Hi

Take Oversea-Chinese Banking Corp. Limited (SGX: O39) for instance. As such, the decision around scrip dividends should be straight forward. Investing, if done properly, can help you achieve your financial goals. Another key difference I noted was that for OCBC, fractional share is rounded up to the nearest whole share; for CRCT, it is rounded down. Meanwhile, not every company offers its scrip dividends at a discount.DBS Group (SGX: D05), for instance, has also offered scrip dividends but astute investors will note that it is cheaper to just buy its shares from the stock market. Stock Name: OCBC BANK

Name) Sherri Liew Designation Company Secretary Dividend/ Distribution Number Applicable Value 95 Dividend/ Distribution Type Interim Financial Year End 31/12/2020 Is it recommended to reinvest dividends? Therefore, for the above example, the fraction would be rounded up to 21 new OCBC shares.

As a bonus, we also highlight 6 blue chips stocks trading at a 10-year low. OCBC Share Price, OCBC Corporate Action - Dividends / Rights / Splits, OVERSEA-CHINESE BANKING CORP Corporate Action - Dividends / Rights / Splits, O39.SI Corporate Action - Dividends / Rights / Splits. Both options have their merits, so let’s illustrate this with an example.

I ended up choosing scrip for OCBC and cash dividend for CRCT.

Unlike some investors, I am indifferent to holding odd lots if the price is good, though I understand the hassle of selling off the odd lots in future. Technical trend reports and trading alerts from Trading Central covering Singapore and Malaysia stocks. OCBC declared an interim dividend of S$0.159 per share for its 2020 second-quarter, and investors can choose to receive it in cash or via scrip (in the form of shares). Access more than just the streaming stock prices of the SGX market. Scrip dividends are also credited to your account without any transaction fees or brokerage commissions. There’s a step-by-step guide on how shareholders can go about applying for the scrip dividends at the bottom! Once you click on “Submit”, you will see the message: “Your form is submitted successfully”. Please be informed of a corporate action event that requires your action. 52 weeks log of share prices and volume done daily. On top of submitting a physical copy of the Notice of Election, if your OCBC shares are held in your CDP account (only for individual and joint alternate-signatory accounts), you can choose to make an electronic submission for the new shares via the SGX Investor Portal. Right here, let’s look at what investors should know about the latest OCBC scrip dividend scheme. Action By: 16 September 2020 05:00 PM.