Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

In what currency is the dividend paid out if the shares are under management?

April 26, 2017currency dividend Management paid Shares

0

Posted

In what currency is the dividend paid out if the shares are under management?

1 Answer

0

Posted

The national central securities depositories distribute the dividend. The depositories will ask the custodian bank whether it prefers to have the dividend paid out in local currency or in Euro. .