Table 5 reports the results from several multivariate logit regressions in which the dependent variable is one for scrip dividend firms and zero for the control firms.
I expect both these variables to be positively related to the probability of issuing a scrip dividend if this option is motivated by tax considerations.
Following the introduction of the Scrip Dividend Programme, the Dividend Reinvestment Plans previously provided by Equiniti and ABN AMRO Bank N.
Shareholders who participated in one of these Dividend Reinvestment Plans will in most cases not automatically be enrolled in the Scrip Dividend Programme and will in most cases need to elect to join.
Shareholders who held only B shares and joined the Scrip Dividend
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.
Company) Scrip Dividend Scheme - Scrip Calculation Price On 25 February
2015 Annual General Meeting, the Scrip Dividend Scheme will be
receive shares under the Scrip Dividend
Scheme has been made it is our
B) Scrip Dividend
Programme, the introduction of which was announced on September 17, 2010 (name/s listed below).
Listing - Scrip Dividend
The Company is pleased to announce that
Royal Dutch Shell plc is currently exploring together with the Depository how ADS holders might reclaim SDRT amounts deducted on previous issues under the Scrip Dividend
The shareholders approved the distribution of scrip dividends
to shareholders by 10% of the issued capital, 1 share for every 10 shares, consequently increasing the issued capital of the company from RO.