Participation rate in OCBC's scrip dividend scheme made up 75.2% of shareholdings

Singapore

THE participation rate in OCBC's scrip dividend scheme comprised three-quarters (75.2 per cent) of shareholdings, with nearly 67.5 million new ordinary shares allotted and issued to shareholders, the bank said on Wednesday.

OCBC had declared a dividend of 15.9 Singapore cents a share for the first half of the year, with the scrip dividend scheme applicable. OCBC paid a dividend of 25 cents a share for the same period last year.