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Into properties plc SCRIP DIVIDEND SCHEME ELECTION FORM FOR 2013 FINAL dividend only Completion instructions: 1. Print form 2. IGN and date form, enter name and address in capitals and state investor
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How to fill out scrip dividend scheme election
How to fill out scrip dividend scheme election:
01
Obtain the necessary forms: Contact the company or financial institution that issued the dividend to request the scrip dividend scheme election form. This form will typically be available on their website or can be sent to you via mail.
02
Review the instructions: Carefully read and understand the instructions provided with the scrip dividend scheme election form. Make sure you are aware of any deadlines or requirements mentioned in the instructions.
03
Fill in personal details: The form will require you to provide your personal information such as your name, address, contact details, and shareholder identification number. Ensure that you provide accurate information to avoid any issues.
04
Choose your election: The scrip dividend scheme election form will usually give you the option to either receive cash dividends or opt for scrip dividends. Indicate your preference by checking the appropriate box or writing the chosen election clearly on the form.
05
State the number of shares: If you choose to receive scrip dividends, you will usually be required to specify the number of shares you would like to receive instead of cash. Calculate the number of shares based on the conversion rate provided by the company.
06
Signature and submission: Sign the form in the designated area to confirm your election. Make a copy of the completed form for your records. Submit the form through the specified channels mentioned in the instructions, which may include mailing it or submitting it electronically.
Who needs scrip dividend scheme election:
01
Shareholders: Any shareholder who receives dividends from a company that offers the scrip dividend scheme may need to fill out the election form. This could include individual investors, institutional investors, or employees who hold company shares.
02
Investors seeking reinvestment options: Shareholders who prefer to reinvest their dividends back into the company rather than receiving cash may choose the scrip dividend scheme. This allows them to acquire additional shares without using their own funds.
03
Those looking for tax advantages: Depending on the jurisdiction and specific tax regulations, participating in the scrip dividend scheme may offer tax advantages for some investors. They may be able to defer taxes on the dividend income until the shares received as scrip dividends are sold.
Overall, the scrip dividend scheme election is relevant for shareholders who want to choose between receiving cash dividends or acquiring additional shares through the scrip dividend option. The process involves filling out a form provided by the company or financial institution issuing the dividend and submitting it according to the instructions provided.
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What is scrip dividend scheme election?
Scrip dividend scheme election is an option provided to shareholders to receive additional shares instead of cash dividends.
Who is required to file scrip dividend scheme election?
Shareholders who wish to participate in the scrip dividend scheme are required to file the election.
How to fill out scrip dividend scheme election?
Shareholders can typically fill out the election form provided by the company and submit it according to the instructions.
What is the purpose of scrip dividend scheme election?
The purpose of the scrip dividend scheme election is to give shareholders the option to reinvest their dividends directly into additional shares.
What information must be reported on scrip dividend scheme election?
The election form usually requires basic information such as shareholder name, account number, number of shares to be elected, and signature.
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