1.5.6 Maintain Stock Dividend for Fund

This topic explains the steps to maintain stock dividend for fund in the Fund Dividend Detail screen.

Maintain details of declaration for a stock dividend for a fund in this screen as follows.

1. Select the ID of the fund in the Fund ID field. You can also specify the ISIN Code of the fund.
   The following information is displayed by default in the screen:

   • The Fund Base Currency
   • The Dividend Status (New, if you are entering a new dividend record)
   • The Dividend Number
   • The Dividend Type (Regular)
   • The Dividend From Date
2. You can view the following information by using the specifications made in the Corporate Actions profile for the fund.
   The system defaults the following information:

   • The Freeze Holdings Date
   • The Dividend To Date
   • The Book Closing From and To Dates
   • The Dividend Declare Date
3. For an interim dividend, only the fund base currency, dividend status, dividend number, dividend type (interim) and the dividend from date are defaulted.
   1. Select Stock Dividend option in the Corporate Action Type field.
   2. If necessary, override any of the defaulted information and make your own specifications.
   3. Specify the exchange rate applicable for the dividend.
   4. Specify the Directors’ Meeting Date, if necessary.
   5. Specify the dividend ratio applicable for the stock dividend in the Stock Dividend Ratio field.
   6. Click Ok button to save your changes.