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To SCRIP Or Not To SCRIP
By Dividend Knight  •  July 14, 2016
Applying for SCRIP has its advantages which benefit investors with certain objectives. 1) SCRIP allows an investor to build up his position in a long-term core counter without having to pay the fees and we all know fees significantly erode our returns over time. In the case of OCBC and Raffles Medical Group, the discounted pricing of their SCRIP make it even more worthwhile. Both companies have solid earnings & dividend growth and management are still pursuing sustainable growth. OCBC just completed a massive acquisition of Barclays' private wealth management business in Singapore and Hong Kong. Raffles Medical Group is building a new wing next to its flagship Raffles Hospital as well as an international hospital in Shanghai. If an investor wants to enjoy the fruits of these expansion plans, he should apply for their SCRIPs. On the other hand, if a struggling company such as Noble offer SCRIP, I would avoid ......
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By Dividend Knight
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