What is dividend payout?

Dividend payment refers to the payment of interest, that is, cash, by listed companies to shareholders. After the settlement on the day before the deregistration date, if the customer holds the shares of the listed company, they will all participate in the dividend.

Except on the day of entitlement, the stock price of the listed company will fall, and the amount of this loss will be converted into interest cash and distributed to the shareholders' account.

That is, the dividend is that the position of the shareholders has changed from all the underlying shares to all the underlying shares (price decline) + cash interest (the amount is the part of the decline in the underlying shares). The cash will be deposited into the shareholder's account on the delivery date.

What is a giveaway?

Giving shares is also called bonus shares. After the settlement one day before the de-entitlement day, if the customer holds the shares of the listed company, they will participate in the stock delivery.

Except on the day of entitlement, the stock price of the listed company will fall, and the amount of this loss will be converted into bonus shares and distributed to shareholders' positions.

That is, giving shares means that the position of shareholders has changed from all positive shares to all positive shares (falling prices) + donated positive shares (the value of which is the falling part of the positive shares).

Bonus shares are deposited into shareholders' positions on the delivery date (the bonus shares are the same as the underlying shares).

Niuniu Tip:

Before announcing the specific implementation of the program, everything may change, such as changing the implementation date or even canceling the relevant company actions. The final plan shall be subject to the final announcement of the exchange and the listed company.