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Bank of Cyprus Unveils New Dividend Payment Methods – TipRanks Financial Blog

Lincoln National cut to Neutral at BofA due to $2.1B life reserve charge

Bank of Cyprus Holdings (GB:BOCH) has released an update.

Bank of Cyprus Holdings PLC has announced new options for shareholders to receive future dividend payments, including electronic transfers to BOC accounts or other financial institutions, subject to shareholder approval at the upcoming AGM. Shareholders can submit instructions for electronic payments, which will be processed if received at least 10 working days before the dividend payment date. The changes are contingent upon amendments to the Company’s Articles of Association, proposed in the AGM Notice 2024, which would end the obligation to send dividend payments by cheque for amounts €2.00 or less.

For further insights into GB:BOCH stock, check out TipRanks’ Stock Analysis page.

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