Frequently Asked Questions
Corporate Actions
How much are the dividend charges?
| Dividend | Dividend Charges |
|---|---|
| Cash Dividend | 1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to prevailing GST) |
| Scrip Dividend | S$10.00 (subject to prevailing GST) |
Accounts with multicurrency facility will receive the cash dividend in declared currency unless otherwise determined by the issuer/PSPL.Dividends are subject to tax at source. Tax rates vary according to the respective country's tax rates. Changes may change from time to time at the discretion of Phillip Securities Pte Ltd.Both Cash and Scrip Dividends are subject to foreign broker fees (if applicable).
Other faq that might help you
- What are corporate actions?
- What is a reverse stock split?
- What is a stock/share split?
- What are dividends?
- What is a rights issue?
- Where can I find the list of corporate actions taken by companies listed on SGX?
- How much are the corporate action charges?
- What effect do corporate actions have on prices?
- What is fractional share?
- What is Cash in Lieu (CIL)?
- What will happen to the fractional share/CIL resulting from corporate action?
- Why does Phillip Securities go cheque-free?
- How do I receive my SGD cash balances from my Cash Trading account?
- How do I apply for EPS service?
- What happens when Phillip Securities goes cheque-free and I do not sign up for EPS/Giro service for my Cash Trading account?
- What is the fee for withdrawal of cash balance from my Cash Trading Account?
- How do I log in to submit my corporate action instructions?
- Will I receive a confirmation notification on the completed submission from Phillip Securities Pte Ltd?
- Can I amend my Corporate Action Event response if I have a change in mind after submitting?
- Is there an option to create a standing instruction?
- How do I cancel the standing instruction I have submitted?
- Will I receive any notification when a Corporate Action that required my attention is posted?
- What will happen if I miss the Closing Date for instruction submission for the corporate action event?
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