RIO 2.02% $116.47 rio tinto limited

Hi all, I've got a question regarding DRP and what happens...

  1. 101 Posts.
    lightbulb Created with Sketch. 7
    Hi all,

    I've got a question regarding DRP and what happens in the event that do have received "x" in Dividends but that does not equal to a round numbers of shares?

    Example: I have received enough of a dividend for 10 shares and have a 100% allocation in DRP. If I have a balance of $2.50 remaining do I receive the balance as a cash payment?

    (not actual example just used round numbers for ease)
 
watchlist Created with Sketch. Add RIO (ASX) to my watchlist
(20min delay)
Last
$116.47
Change
2.310(2.02%)
Mkt cap ! $43.23B
Open High Low Value Volume
$115.31 $118.48 $114.83 $158.6M 1.359M

Buyers (Bids)

No. Vol. Price($)
1 225 $116.47
 

Sellers (Offers)

Price($) Vol. No.
$116.58 1000 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
RIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.