1Yr·
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Iberdrola pays the half-year dividend in the form of subscription rights. The booking of the subscription rights is considered an inflow for tax purposes and is therefore subject to capital gains tax. With some brokers, these subscription rights can be traded, but as far as I know, the booking is obligatory and takes place at a ratio of 60:1 https://www.iberdrola.com/shareholders-investors/shareholders/dividends-iberdrola-retribucion-flexible
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I have also booked ES06445809P3 for it. Let's see what comes out.
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Nothing other than either keep them or sell them, this decision is yours alone. Only the fractions will be sold for you by the broker, unless you have a savings plan for Iberdrola.
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What happens if you do not have a full 60 shares in Iberdrola? And you do not submit the notice?
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Small update: The instruction via PDF was successful. A cash dividend has now been paid and the entry is now without value. Let's see if it will be derecognized at some point.
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