Faiez
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- Mar 10, 2009
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There is only one recent development i.e. If a listed company holds more retained earnings than paidup capital then either they pay 40% of their profit in dividend or a bonus equal to 50% of their issued and paid up capital.
DCR is the first of its kind in Pakistan so as more REITs are listed, the regulations will also evolve.
and the broker thing....how do brokers deal with dividends ?
I mean you never get to take the delivery of the shares right ? the broker holds on to it on your behalf, so what happens if you hold a long period of time and then the company pays a dividend, is the dividend credited to your account ? and also, what about other things like bonus share vs dividend options etc, how does the broker deal with that ?