Ripley94
15 Mar 2015
Re: Dividend Thanks.
hanoiboy
06 Feb 2015
Re: Dividend Taking the dividend as cash will incur Dutch Witholding Tax at 15%. I find it far more tax-efficient to take the scrip as there is no UK tax on scrip dividends for a Dutch-registered company. F&C mention this on their web site for this share. To realize cash, just sell some shares and if the amount is within your annual CGT allowance, there is no UK tax.There is the risk, of course, that the share price will have gone down when you want to sell.Only a few UK brokers offer taking the dividend as scrip to my knowledge. Barclays does (and SagaShareDirect operated by Barclays). F&C may offer this if the shares are held through their IT plan.Shell A offered scrip dividends until last year when they cancelled the arrangement. Have a look at the RDSA and RDSB boards about 9 months ago for discussion on taking non-UK dividends as scrip.
Ben Alligin
06 Feb 2015
Re: Dividend I agree that the yield is a bit of a scam. However, what's important is the total return, and in this regard, it appears to hold up well against other trusts in the sector.I'm not sure about the Dutch witholding tax. Is this not just the same as happens with UK-based trusts (due to the 10% tax credit)? I'm assuming that there is no double taxation involved, but I may be wrong.
