BCS 0.00% 40.0¢ brisconnections unit trusts

"Macquarie has also underwritten the dividend until about 2014 I...

  1. 6,716 Posts.
    "Macquarie has also underwritten the dividend until about 2014 I read. "

    There is no such thing as "underwriting the dividend". What Macquarie did, was to underwrite the dividend reinvestment plan. So that for any shareholders who don't participate in the DRP, Macquarie would participate for them.
 
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