Wednesday, August 28, 2019

OCBC Scrip Dividend

It has come to the time again where we must decide about whether to take the scrip dividend. This time, I think it is a good consideration to take up the offer which is $9.57 per share, which was cheaper than the last scrip dividend offer. It is also below the current NAV of $10 which looks good. Current price is about 10.49 and the last offer for scrip dividend was $10.55.



It would be great if you can leave a comment if you will be taking up the offer. Cheers!

8 comments:

  1. Personally, I do not like to have odd number of shares, so I would not be taking up the offer.

    ReplyDelete
    Replies
    1. ohh. but i think it’s still ok cos you can sell odd number of shares right

      Delete
    2. Yes, you can attempt to sell in the odd lot market, though the bid/ask spread is wide - 6 cents on my last check.

      Delete
    3. yup i think that’s a valid concern, but if you’re a long term investor, it shouldn’t be that bad :)

      Delete
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