DBS vs OCBC and UOB

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madtari

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Last time dbs will round up scrip. So my wife after selling her shares, left with like 10+ shares. Every yr she gets 2 shares for the 2 dividend payments. Really tan tio. The dividend yield is easily 10+%. Lol. Too bad they stopped doing this.

Irenicis said:
I find that it's gonna be hard to sell the odd lots tho...
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final1

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Mergui219067 said:
The DRP is even better if ocbc stock price goes even higher.

I take all Ocbc DRP but hesitant with Keppel Reit .
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Its a valid choice and there is nothing really wrong with regards to choosing to take scrip or cash. Although, as i have said before, scrip is not really a true dividend.

Personally, while i do own some SGX stocks, its also more of a peripheral position for me.

I am more heavily invested in the US side. So, i prefer cash from OCBC which i can pump back to the USA, odd lots aside.
 
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madtari

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Will it be possible in the near future for sgx to follow us market in allowing unit share trading? In this way, there won't be any odd lots issue.

final1 said:
Its a valid choice and there is nothing really wrong with regards to choosing to take scrip or cash. Although, as i have said before, scrip is not really a true dividend.

Personally, while i do own some SGX stocks, its also more of a peripheral position for me.

I am more heavily invested in the US side. So, i prefer cash from OCBC which i can pump back to the USA, odd lots aside.
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final1

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madtari said:
Will it be possible in the near future for sgx to follow us market in allowing unit share trading? In this way, there won't be any odd lots issue.
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I doubt it. Or, it would have been done already when they went from 1000 to 100 board lots.

They have some reason why they don't want it to be 1.
 
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czycius

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Hi

For scb, do they give out the scrip in odd lots?

For example if I have 1,000 shares, how many scrip shares will I received? Dividend $0.20 per share while scrip allocation unit price $15.
 
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