$RHBBANK (1066.MY)$ Gais, I'm a newbie here on first time re...
Gais, I'm a newbie here on first time receiving dividend. In option for receiving 'cash' or 'cash and securities'. Which one should I go for that is much worth it?
On another context, what does this statement from moomoo email indicate "Fees & Charges (Per application): RM10.00 – STAMP DUTY"? Do we have to pay RM10 for receiving either option 1 or option 2 dividend?
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Moomoo Lily : @Moomoo Buddy Please help assist it.
Kyrios : have the same question. hope got the answer here
Mysteriooo : Depend, if you’re only offer for less than 1 lot of reinvest share, I would suggest just get the cash dividend. As odd was hard to trade and the fee & charges might over your profit of reinvest.
Transaction fee will only charged when you select option 2 reinvest because it also a trade action for the platform
103143732 : If you can’t get 100 shares then I would suggest to take cash (option 1) due to reasons as mentioned above, odd lot shares are hard to sell. Unless you plan to slowly accumulate then yes you can go with shares.
Rm10 stamp duty is only chargeable if you choose option 2. Not chargeable for option 1.
MapleVX : I have this question also.
Shiock MapleVX: if for long-term investment, can select opt 2 for shares n cash. The shares are valued at rm4.88/share, which is at a disc to the market price. You can sell it later for extra profit
MapleVX Shiock: Oh, I got it. If select option 2, RM10 of stamp duty will charged. Thanks!
102989673OP Mysteriooo: Understandable, since I'm getting odd lot share. I would jus go for option 1 which is the most beneficial in my case. Thanks
Moomoo Buddy : Dear client, if the listed company supports scrip dividend, moomoo MY will send an email notification after confirming the user's eligibility and you can follow the guidelines to submit the instructions via email. Please pay attention to the follow-up news notification.If certain stocks have been specified as cash or stock dividends only, this means you can not make your choice at will. Moomoo MY will not notify you. No fees will be charged by moomoo MY for related corporate actions. If you have any questions, please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+60) 03 9212 0708 Thank you for your support! Have a nice day！
103867862 Moomoo Buddy: hi, how do we find out the stock are giving dividend in cash only or others option like stock dividend?
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