H&M has ditched plans to offer shareholders the chance to reinvest their dividends in new stock, saying it would be difficult to implement. The high street giant had announced in its full-year results for its 2016/2017 fiscal year that it was mulling the possibility of allowing shareholders to reinvest dividends received into newly-issued H&M shares. READ MORE: H&M quarterly net profit plummets 32% However, H&M has now decided that this would be too hard to roll out due to technical and time constraints.
See the article here:
H&M dumps dividend reinvestment plan