3Yr·

$OCSL What is actually going on there? No longer offered as a savings plan at TR (no longer tradable at L&S). There was a reverse stock split and e.g. at BSDEX the shares are now listed as "registered shares". Can you #ocsl still buy/save as a normal bearer share? Does anyone know more? Thanks!

7 Comments

Enrique@Dividenden_Monteur

3Yr

The new share probably first has to be booked or released for trading at L&S. The new ISIN is now US67401P4054.

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Dimi@justHODLit

3Yr

@Der_Dividenden_Monteur Thank you! Then I'll wait and see. I hope the dividends will continue to be paid out.

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Enrique@Dividenden_Monteur

3Yr

@justHODLit you are still entitled to dividends. just wait and see or, if in doubt, write to customer service, they may be able to tell you how long such a process takes.

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individend@individend

3Yr

Update: My broker has just updated, now I have partial shares. I am curious about the further course of the share price.

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Dimi@justHODLit

3Yr

@individend My shares have now also been reverse-split and the stock is once again tradable via L&S. Now the dividends per share would have to be increased in the same proportion, right? The dividend yield should remain the same.

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individend@individend

3Yr

@justHODLit Yup. The dividend should remain the same, fewer shares = more cash dividend per share. Let's hope it stays the same or is increased/special dividend, otherwise the share sails even further down.

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Dimi@justHODLit

3Yr

@individend #oscl is back and now please 🚀!

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