SWIFT ISO 15022 - Code DVOP
Financial acronyms
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Meanings
- Dividend Option: Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares or cash. To be distinguished from DRIP as the company creates new share capital in exchange for the dividend rather than investing the dividend in the market.
- Dividend Option: Distribution of dividend option.
- Dividend Option: Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares, cash or both.
Usages
Message type
Field number
Tag
MT567
(Corporate Action Status and Processing Advice)
(Corporate Action Status and Processing Advice)
4
22F (Indicator: Corporate Action Event Indicator)