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Get the free 2018 Interim Scrip Dividend Scheme - Form of Election18 Sep 2018

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PERMANENT RECEIPT OF CASH DIVIDEND/WE, THE UNDERSIGNED AND ABOMINATED SHAREHOLDER(S), HEREBY GIVE NOTICE THAT I/WE WISH TO RECEIVE ALL FUTURE DIVIDENDS IN CASH IN RESPECT OF ALL MY/OUR REGISTERED
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Step 1: Obtain the 2018 interim scrip dividend form from the company or its designated platform.
02
Step 2: Read the instructions provided on the form carefully.
03
Step 3: Fill in your personal details such as name, address, contact information, and any other required information.
04
Step 4: Enter the number of shares you hold on the record date specified by the company.
05
Step 5: Calculate the entitlement by multiplying the number of shares by the scrip dividend factor provided by the company.
06
Step 6: Write the calculated entitlement in the relevant section of the form.
07
Step 7: Sign and date the form.
08
Step 8: Submit the completed form to the company or its designated platform by the specified deadline.
09
Step 9: Wait for confirmation from the company regarding the processing of your 2018 interim scrip dividend application.
10
Step 10: If approved, you will receive the dividend in the form of additional shares or other eligible securities.

Who needs 2018 interim scrip dividend?

01
Shareholders who hold shares of the company on the record date specified for the 2018 interim scrip dividend are eligible to apply.
02
Investors who wish to increase their equity stake in the company without using cash can opt for the scrip dividend.
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The interim scrip dividend scheme allows companies to distribute dividends to their shareholders in the form of additional shares rather than cash, typically during a financial year prior to final dividends.
Companies that wish to issue scrip dividends to their shareholders must file the interim scrip dividend scheme with the relevant regulatory authority.
To fill out the interim scrip dividend scheme, companies must provide details on the number of shares being offered, the rationale for the scrip dividend, and any terms and conditions associated with the scheme.
The purpose of the interim scrip dividend scheme is to conserve cash while still rewarding shareholders, allowing companies to reinvest cash into operations while maintaining shareholder value.
Information to be reported includes the total number of shares available, issue price, eligibility criteria for shareholders, and the method of acceptance for the scrip dividend.
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Relevant keywords

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