Common use of Scrip dividends Clause in Contracts

Scrip dividends. If Scrip Dividends are not available, we will accept cash on your behalf. If there is an enhanced Scrip Dividend, we will ask you to decide whether to take the dividend in shares or cash. If we do not hear from you, we will take up the default option. You may change this choice or give us new Instructions as set out in Account Literature. Automatic dividend reinvestment

Appears in 1 contract

Sources: Investment Agreement

Scrip dividends. If Scrip Dividends are not available, we will accept cash on your behalf. If there is an enhanced Scrip Dividend, we will ask you to decide whether to take the dividend in shares or cash. If we do not hear from you, we will take up the default option. You may change this choice or give us new Instructions as set out in Account Literature. Literature Automatic dividend reinvestment

Appears in 1 contract

Sources: Corporate Investment Solutions Agreement