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Community


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Online Share Trading

Engage and learn about markets and trading online

div with option

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Contributor
Hi. Can someone explain the sens, options, and how to exercise either option on std bank online trader?
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4 REPLIES 4
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Regular Contributor
You can elect to receive cash dividends or opt to receive your dividends in the form of shares. Ratio of 1.98270 for every 100 shf shares held if you elect to receive shares instead of cash. Bear in mind if you elect to receive cash dividends dwt is applicable. If elect to receive shares dwt does not apply. Check your preferences to see what option you have chosen when you opened your account or simply fill out the form and e-mail it through with your chosen option before the close of business tommorrow.
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Contributor
thanks... if i change the option today on "My Details / Preferences" to shares, will this suffice?
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Contributor
I normally receive an e-mail from [email protected] and via reply e-mail advise them what I want ie in this case shares and they then act as instructed
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Super Contributor
The default is cash - and you have nothing to submit for this. To tahe the shares action is required
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