IN PLAIN ENGLISH
An option to take a dividend as newly created shares instead of cash.
WHERE YOU MEET IT
Not tracked as a choice in the app. If you take shares, add them as a buy at the company's reference price.
WATCH OUT FOR
In the UK a scrip is generally still taxed as dividend income on its cash value. It isn't a way round tax.
EXPLAINED IN
Educational content only. It is not personal financial advice.