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That's called a scrip dividend, by the way.
by blue1 10y ago
That's called a scrip dividend, by the way.
- kgwgk 10y agoThat's the name in Europe, I think. The tax implications vary by country and there are a number of ways that companies can do it. For example, a company can give the option of getting cash while avoiding any actual outflow by giving rights to all the shareholders and selling those rights on behalf of the shareholders who want cash to give them a cash payment instead of the new stocks.