scrip dividend


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Scrip Dividend

An IOU from a publicly-traded company that is short on cash. Such a company pays dividends in scrip until it resolves its liquidity problems.

scrip dividend

An unusual type of dividend involving the distribution of promissory notes that call for some type of payment at a future date. Scrip dividends generally signal that a firm is short of cash. Compare liability dividend.
References in periodicals archive ?
Shareholders who held only B Shares and joined the Programme are reminded they will need to make a Scrip Dividend Election in respect of their new A Shares if they wish to join the Programme in respect of such new shares.
This implies that the cash retained through the scrip dividend may be reinvested to yield the existing shareholders' required rate of return.
The expectation is that buy-backs will offset prior dilution created by scrip dividends by the end of 2015, with approximately 135 million ordinary shares currently outstanding, as well as shares from any uptake on the Programme related to the dividend in the first quarter of 2014.
The Scrip dividend allocations resulted in an additional 19,559 shares being added to registered nominee accounts held in the names of Mr David Andrew and Mrs Susan Clare Fischel.
Beginning with its first quarter interim dividend for 2015, RDS provides shareholders with a choice to receive dividends in cash or in shares via a Scrip Dividend Programme ("the Programme").
ADS holders may wish to consider reclaiming SDRT amounts deducted on previous issues under the Scrip Dividend Programme.
A] Scrip Dividend Programme[B] Drip Reinvestment Plan The prices paid
Scrip Dividend Scheme - Scrip Calculation Price SEGRO plc (the
of the scrip dividend alternative are contained in the Scrip Dividend
JSE for New Ordinary Shares under the Scrip Dividend Scheme SA
dividend under the Scrip Dividend Scheme in respect of the 2014 Interim
21 November 2014 Intu Properties plc Scrip Dividend - Application