OA CPFIS SCRIP DIVIDEND

[Farmer1212]

Dear all,

Hope to get some advice for u guys as i cant fin out. I brought some ocbc share using OA account and currently my OA account is less than 10k. I wanna scrip the dividend but i dont know i can use my oa to scrip as it is less than 10k. Or i can use the SA? TIA

 

[BBCWatcher]

Hope to get some advice for u guys as i cant fin out. I brought some ocbc share using OA account and currently my OA account is less than 10k. I wanna scrip the dividend but i dont know i can use my oa to scrip as it is less than 10k. Or i can use the SA?

I'm a little confused. Scrip dividends are additional shares of stock that you (ordinarily) choose to accept in lieu of particular cash dividends. Is that what you mean, and, if so, what's the problem?

 

[lilycll]

Dear all,

Hope to get some advice for u guys as i cant fin out. I brought some ocbc share using OA account and currently my OA account is less than 10k. I wanna scrip the dividend but i dont know i can use my oa to scrip as it is less than 10k. Or i can use the SA? TIA

If you mean OCBC Share Dividend, you do not have to worry. If you have chosen to receive by scrip, your CDP Account or CPF-IA will be credited with the additional OCBC shares. Or if you chose to receive in cash then the relevant amount will be credited.