$ROLLS ROYCE HOLDINGS NON CUM RED PFD SHS SER C (RLLCF.US)$$...
$ROLLS ROYCE HOLDINGS NON CUM RED PFD SHS SER C(RLLCF.US$ $ROLLS ROYCE ADR(RYCEY.US$ $ROLLS ROYCE HOLDINGS(RYCEF.US$ RLLCF is NOT preferred Stock and it doesn’t pay any dividend. RLLCF itself is the dividend!
To my understanding… it should exactly equal to 0. 1 GB pence * Multiplier of ADR. I have no idea how much the Multiplier is.
The following are from RR.L ‘s investor relation. So don’t bother with this one.
15. What are C Shares?
C Share are non-cumulative redeemable preference shares of 0.1p each in the capital of Rolls-Royce that can, during defined periods, be redeemed for cash. Rolls-Royce will generally issue C Shares to all ordinary shareholders twice a year in lieu of a cash dividend. C Shares should not be confused with your Ordinary Shares.
C Share are non-cumulative redeemable preference shares of 0.1p each in the capital of Rolls-Royce that can, during defined periods, be redeemed for cash. Rolls-Royce will generally issue C Shares to all ordinary shareholders twice a year in lieu of a cash dividend. C Shares should not be confused with your Ordinary Shares.
C Shares – general information
Unlike other listed companies, the Company makes payments to its shareholders in the form of C Shares.
C Shares are redeemable preference shares of 0.1p each in the capital of Rolls-Royce Holdings plc (the Company). The Company will generally issue C Shares to its ordinary shareholders twice a year in lieu of a cash dividend.
Shareholders can opt for one of the following:
• redeem all C shares for cash;
• redeem the shares for cash and reinvest the proceeds in additional Ordinary Shares;
• keep the C Shares.
When you first purchase shares in the Company you will receive a Welcome letter in which you will be invited to complete a Payment Instruction Form. If you would like to receive cash or additional Ordinary Shares from the Company it is important that you complete this form and return it to the Registrar. If you do not complete a Payment Instruction Form you will receive C Shares.
Unlike other listed companies, the Company makes payments to its shareholders in the form of C Shares.
C Shares are redeemable preference shares of 0.1p each in the capital of Rolls-Royce Holdings plc (the Company). The Company will generally issue C Shares to its ordinary shareholders twice a year in lieu of a cash dividend.
Shareholders can opt for one of the following:
• redeem all C shares for cash;
• redeem the shares for cash and reinvest the proceeds in additional Ordinary Shares;
• keep the C Shares.
When you first purchase shares in the Company you will receive a Welcome letter in which you will be invited to complete a Payment Instruction Form. If you would like to receive cash or additional Ordinary Shares from the Company it is important that you complete this form and return it to the Registrar. If you do not complete a Payment Instruction Form you will receive C Shares.
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