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Tagged: additional share, bonus share, capital issue
It is a dividend payment made in the form of additional shares rather than a cash payout.
Scrip can also indicates currency issued by a private corporation such as frequent filer Miles.
Ascrip can also a temporary documents.
Shareholders are able to choose whether to recive a cash dividend or shares.
A provisional certificate of money subscribed to the bank or company, entitling the holder to a formal certificates and dividends.
It is the provisional certificate issued by a firm for cash as the substitute of cash dividend.
Scrip dividend is a temporary document which is payed by the company instead of cash dividend when there is lack of cash in the company.
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