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| ABB´s dividend access facility for 2007 Zurich-based ABB is making a facility available to shareholders in Sweden that allows them to receive their dividend without deduction of Swiss withholding tax. The dividend will be determined by the Annual General Meeting on May 3, 2007. The Dividend Access Facility (DAF) is available to shareholders who are tax-resident in Sweden and hold shares of ABB Ltd that are registered with VPC (Sweden's central securities depository and clearinghouse). Shareholders participating in the DAF will temporarily be registered as shareholders without rights to ABB Ltd dividends. Those shareholders will instead receive their dividend from ABB Ltd's Swedish subsidiary, ABB Participation AB. write your comments about the article :: © 2007 Construction News :: home page |