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This is Money, 04 June 2022, Dividends paid by cheque to shareholders are being axed by Abrdn – in latest move towards a cashless society
ShareSoc’s patron Lord Lee of Trafford commented on Abrdn’s decision to stop paying dividends by cheque.
“It is not just older people, but also youngsters who need to appreciate the value of money and might like to have a cheque arriving in the post when a dividend payment is due. There is no doubt dividends paid by bank transfer are more convenient for many people, but it should not be mandatory. Investors must be given the choice.’
Click here to read the article.
Post Date: June 4, 2022
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