Corporate Actions (BBI)

What is a mandatory corporate action (BBI)?
A corporate action is a step taken by a publicly-traded company that affects the securities (shares and other financial instruments) issued by the company a...
Fri, 18 May, 2018 at 9:22 AM
How will Corporate Actions be handled in my Bidvest Bank Investment Account?
When you own a share in a particular publicly-traded company, and that company issues a corporate action, it is initiating a process that will bring actual ...
Fri, 18 May, 2018 at 9:24 AM
How can I tell if I am eligible to receive a dividend in my Bidvest Bank Investment Account?
Dividends have two (2) specific dates that determine an Investors eligibility to receive them: 1. Last Day To Trade (LDT): Is the last date that anyone...
Fri, 18 May, 2018 at 9:36 AM
What is a dividend (BBI)?
A dividend (a type of corporate action**) is a payment made by a company to its shareholders, usually as a distribution of profits. Distribution to shar...
Fri, 18 May, 2018 at 9:26 AM
Do I receive dividends for the fractional share rights I own? (BBI)
Yes. Dividends are paid out on whole shares as well as any Fractional Share Rights held in a particular company / index. The dividend paid out on fracti...
Fri, 18 May, 2018 at 9:28 AM
How does the Dividend process work? (BBI)
DEFINITION: A dividend (a specific type of Corporate Action) is a payment made by a company to its shareholders, usually as a distribution of profits. Dist...
Fri, 18 May, 2018 at 9:35 AM
How are dividends declared?
Dividend Declaration: Dividends are declared by way of formal communication from the issuing company, an example of which is shown below:
Fri, 18 May, 2018 at 9:31 AM
How do I know a dividend has been paid into my Bidvest Bank Investment Account?
When a dividend is paid to Investors, the funds are paid into the Investors available funds (free cash) from where they can reinvest it or withdraw it to t...
Fri, 18 May, 2018 at 9:34 AM
What is a Rights Issue or Rights Offer? (BBI)
A Rights Issue is a way that listed Companies can use their existing shareholders to raise money. The way the company does this is to invite these s...
Fri, 18 May, 2018 at 9:41 AM
How does a Rights Issue or Rights Offer work? (BBI)
Depending on the number of shares they already hold in the company at a specific point in time, shareholders are given / issued a number of rights for ...
Fri, 18 May, 2018 at 9:43 AM