s2nw2g
:
If you don't mind holding more at the scrip price ($1.276), then choose scrip. save fee to buy. Else take cash. Note, scrip might end up odd lot.
104008792
s2nw2g
:
Dear experts, I am new to this too. would like to check whether my understanding is correct. if opted for scrips, what I will get is the dividend of $0.02068 in the form of shares, prices at $1.276. so I have 10000 shares, 162 new shares in MLT. is this correct?
s2nw2g
:
If my calculations is not wrong, 10,000 shares get 161 scrip shares. This means your per share is not 1.276 but higher. Saved abit of fee but higher per share. Just note.
104008792
s2nw2g
:
thanks for sharing. one more question. this process will result in odd shares. do you know whether the odd shares could be traded via moomoo?
s2nw2g : If you don't mind holding more at the scrip price ($1.276), then choose scrip. save fee to buy. Else take cash.
Note, scrip might end up odd lot.
summer66 OP s2nw2g : scrip option looks (a lot) better though
104008792 s2nw2g : Dear experts, I am new to this too. would like to check whether my understanding is correct. if opted for scrips, what I will get is the dividend of $0.02068 in the form of shares, prices at $1.276. so I have 10000 shares, 162 new shares in MLT. is this correct?
s2nw2g 104008792 : simple math yes. dividend is given in tier, so number of shares is also split. there might be rounding effect, so lesser shares.
s2nw2g : If my calculations is not wrong, 10,000 shares get 161 scrip shares. This means your per share is not 1.276 but higher. Saved abit of fee but higher per share. Just note.
104008792 s2nw2g : thanks for sharing. one more question. this process will result in odd shares. do you know whether the odd shares could be traded via moomoo?
104534386 104008792 : Yes it can be traded
104008792 : thanks all for sharing!
summer66 OP : good advice, thanks all
medusa bimbo : why they never ask me to choose de
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