What are Scrip Dividends
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YouTubeNeufeld Legal
What are Scrip Dividends
A scrip dividend is a type of dividend where the corporation offers its shareholders the option to receive newly issued shares of the corporation's stock instead of a cash payment. Given that the procedure is essentially like that of a corporation issuing a promissory note (a "scrip") that can be exchanged for more shares at a later date, it is ...
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