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.

What happens to any money left over after the shares have been bought?

April 26, 2017bought happens Left money Shares

0

Posted

What happens to any money left over after the shares have been bought?

1 Answer

0

Posted

Any cash dividend remaining after the share purchase, that was insufficient to purchase a whole share, will be carried forward and added to future dividend payments for reinvestment in Vodafone Group Plc shares under the terms of the DRIP. All monies which are held for you will be held in a client bank account which our Registrars maintains for participants of the DRIP. Interest is not paid on any such monies.