DBS Group (SGX: D05) Offering Scrip Dividend at S$21.04 per Share: What Should Investors Do?
By Seedly • August 24, 2020
DBS Group Holdings Ltd (SGX: D05) declared a dividend of S$0.18 per share for its 2020 second-quarter, for which the scrip dividend scheme is applicable. There could be many questions on investors’ minds, such as: What does scrip dividend even mean? How’s the process like? Should I choose to accept scrip or cash? A question posted by a SeedlyCommunity member on the DBS scrip dividend To help make an informed decision, let’s look at what investors should know about the latest DBS’ scrip dividend scheme. TL;DR: What Investors Should Know About DBS Scrip Dividend Scheme for the 2020 Second-Quarter Here are some highlights of the things covered in this article: DBS is allowing investors to receive the 2020 second-quarter interim dividend in the form of shares Each new share will be issued at S$21.04 while the share price of DBS at...
