This implies that the cash retained through the scrip dividend
may be reinvested to yield the existing shareholders' required rate of return.
dividend and to post scrip dividend
election forms to
A spokesman for Newcastle United said: "This is the second time we have offered a scrip dividend
alternative since flotation; the previous time was in 1999.
5 million (being 15 per cent of the paid up share capital) and a scrip dividend
of AED 149.
3 million and a scrip dividend
of 10 per cent of paid-up capital amounting to Dh99.
HSBC Holdings (LSE: HSBA) is to offer ordinary shares as scrip dividend
The main source is where people elect for a scrip dividend
and then sell the main shareholding, or else they have sold the wrong number of shares," she said.
The Board does not intend to offer a scrip dividend
alternative on the interim dividend.
Cash dividend (net of any costs of newly issued dividend shares elected under the Scrip Dividend
Programme) will be paid to shareholders on Oslo Brs on or around 22 September 2017 and to holders of American Depositary Receipts ("ADRs") on New York Stock Exchange on or around 25 September 2017.
5% of the shares and 19% of the votes due to the upcoming dilution related to the payment of the scrip dividend
and to the employee savings plan.
The dividend will be payable in cash in United States Dollars, Sterling or Hong Kong Dollars, or a combination of these currencies and with a scrip dividend
Shareholders will get a total dividend of 27p per share, up from 25p, with an enhanced scrip dividend