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apexhi b divident quest to Simon

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Not applicable
i have apex b instalment and the div pd aug 07 but reflects as interest and not div in my account. Why so?
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2 REPLIES 2
Shamus
Occasional Contributor
Apex is a property loan stock company and the shares are actually debentures (loan to the company) and attract interest which is fully taxable in your hands. Payouts declared are interest - not dividends.
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SimonPB
Valued Contributor
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