Scrip Dividend (DVSC)
SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N
Dividend or interest paid in the form of scrip - the company creates new share capital in exchange for the dividend.
When booking a Scrip Dividend, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-61)
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