FIDELITY REFUSES SCRIP DIVIDENDS26 May 2021 22:00
I have had a very nasty experience with Fidelity, about the very advantageous last scrip dividend by Hammerson. .. HL did process it and so did IWEB and few other brokers... My Hammerson shares are with Fidelity and Fidelity refused to process the very advantageous scrip and I lost a substantial amount.... This matter should be brought to the attention of the authorities... Processing scrip dividends should be a basic service by all stockbrokers... It is very unfair to have it's processing left to the whims of this or that stockbroker... this is a scandalous situation in this day and age... To avoid FIDELITY this time I bought my NRR shares on HL.