Unfortunately, SGX board lot is 1,000 shares and that makes scrip dividend unattractive to small retailers who will end up with odd lots if they opt for scrip dividend.
Actually, scrip dividend is a good way for long-term investors to automatically reinvest their dividends and grow their wealth together with their beloved companies.
So when will SGX Management wake up their ideas to change the board lot to one share? Bum!
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