scrip dividend - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “scrip dividend”

scrip dividend

noun [C]
 
 
( also stock dividend) FINANCE, STOCK MARKET
a payment to a company's shareholders in the form of new shares rather than money: The scrip dividend payment may not always be motivated by financial considerations.
(Definition of scrip dividend from the Cambridge Business English Dictionary © Cambridge University Press)
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