Engage and learn about markets and trading online
I dont understand the Script distribution for Santova. If you take the cash dividends, the Rand value in dividends will be greater than the Script because Santova will only give you
0.01972 for every 100 shares held. Am I reading this correctly?
Owning shares in SNV and being out the country when the dividend offer was made and getting back a day ago, I did my calcs and I think that most shareholders will opt for shares rather than cash. The shares are being issued at zero cost so, capital gains on disposal is only an issue if you're holding a few million shares.