enhanced scrip dividend

enhanced scrip dividend: A dividend that is in the form of shares rather than cash. To encourage shareholders to take the scrip dividend the value of the shares is usually greater than the cash dividend. Financial Services Glossary

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A dividend to shareholders in the form of extra shares which have a market value greater than the value of the dividend. They can usually be sold immediately by the holder.

► See also Dividend.

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Dividend — This article is about financial dividends. For dividends in arithmetic, see Division (mathematics). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis … Wikipedia
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