Shares & Derivatives
OCBC scrip dividend received today
By Poor Learn Rich  •  June 15, 2016
This is a review post about OCBC Scrip dividend Scheme. 100 of OCBC shares from the payment of Scrip dividend was credited to 穷小子's CDP account today. Including this, it would be the third time 穷小子 had opted for Scrip Dividend Scheme. The decision made in May to opt for shares has been right so far. To recap, the scrip dividend price is $8.11, the price which is after the 10% discount from the determined price at $9.01.
Dividend Announced
$0.18 per share
Cash dividend value
$810.18
Amount of shares received via Scrip Dividend
100
Determined Price for Scrip Dividend (after 10% discount)
$8.11
Scrip Dividend Price as of 28 Apr 2016
$811.00
Last Closed Price
$8.45
Scrip Dividend Price as of today
$845.00
If 穷小子 have opted for Cash dividend instead, he would have received $810.18 only, rather than the value ...
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By Poor Learn Rich
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