Scrip dividends

Reporter: Emma Lunn

Publication: Shares


Deadline: May 4, 2017 11:00 am

I’m writing about scrip dividend schemes, dividend reinvestment plans and stockbrokers’ automatic dividend reinvestment schemes. I need some expert comments from share registrars or stockbrokers answering the following: Why is the number of scrip dividend schemes in decline? How are scrip dividends taxed? Can they be paid into an ISA or SIPP? Can you participate in a scrip scheme if your shares are held in a broker nominee account? What’s the difference between a scrip dividend scheme and dividend reinvestment plan?

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