Electronic Dividend
Definition
What is Electronic Dividend?
A dividendA payment made from a company's profits to eligible shareholders. paid directly into a shareholderA person or entity that owns one or more shares in a company.'s designated bank account.
Example in practice
How This Looks in Practice
The investorA person or organisation that commits capital with the expectation of a financial return. completes registration to receive e-dividends.
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Related Terms
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingNGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.