Dividend is funded from the underwriting of shares not in the Dividend Reinvestment Program (DRP). Essentially, if you are not in the DRP your holding is being diluted as new shares are issued to the underwriter to pay the actual cash dividends.
I would see the dividend as mainly a distribution of franking credits.
- Forums
- ASX - By Stock
- ALF
- Ann: Changes to allowable investments
Ann: Changes to allowable investments, page-14
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online