1Wk·

So where is my dividend now?

And the post below is still valid.

Always take it easy-> come on

Payday does not automatically mean that you will receive the dividend in the morning.

The processes can simply take different lengths of time.

And with that, happy vacations from the cote d'azur 🤪 I'm lying in the sun again because ING has already automatically reinvested my dividend from $EXSA (+0.85%) has already been automatically invested again.

#wobleibtdiedividende

16.06

iShares STOXX Europe 600 ETF

Bought x1.408 at €54.11

€76.20

Dividende > Zinsen

@GoDividend

1Yr·

Whereooo is my dividend?

You often (sometimes very often and especially on Mondays and Tuesdays) read this question.

OK in the current case $BATS (-0.53%)
$BN4 (+0.68%) and $UNM (-0.3%) . Payday Friday.

All right, payday was Friday. What does that mean and what happens until the money is credited to the clearing account?

Dividend and interest payments are described in the following process flow. As in the case of capital maẞnahem, dividend payments are also decided by the Annual General Meeting of the public limited company. All customers who hold shares in this company in their custody account on a certain key date are entitled to participate.

Income distributions

As soon as the securities are booked into the customer's securities account and the Annual General Meeting of the public limited company decides to distribute income, this is implemented as described in the process below.

Step 1

Publication of an income distribution WM securities notifications LAG = depository (central securities depository)

Step 2

The LAG informs the paying agent of the AG of the portfolio of securities that is entitled to the income distribution on a certain date.

Step 3

The paying agent transfers the total amount of the income distribution in question to LAG.

Step 4

LAG informs the custodian banks that the income distribution has been received in their LAG accounts.

Step 5

Bank checks receipt of payment.

Step 06.

Bank

Starts the processing run in your own WP system.

Step 07.

Posts the income distributions to the accounts of the holding customers.

And after all this has happened, and it doesn't happen in 2 seconds, you can finally rejoice.

And sometimes the process just takes a little while. Stay calm->it will come

#dividende
#wobleibtdiedividende

Source

https://www.bankinside.de

7 Comments

Alpalaka@Alpalaka

1Wk

Ay have a nice vacation. Where are you right now?

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Dividende > Zinsen@GoDividend

1Wk

@Alpalaka between Cannes and St. Tropez

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BartS@Weissach

1Wk

Why does one broker and the other TR not succeed if I hold the share with both?

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Dividende > Zinsen@GoDividend

1Wk

@asset_engineer_1744 perhaps there is different communication between the warehouse and the broker? And then you have time differences. Above all, however, I believe that TR has made advance payments in the past. (Just a guess, many dividends used to arrive exactly on payday& but this is no longer the case if you scroll through the feed here)

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BartS@Weissach

1Wk

@GoDividend is an argument

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Patrick Schäfer@Hotte1909

1Wk

@GoDividend As far as I know, Tr actually paid in advance.
Another reason could be fragments. In my early years when there was no TR etc. it was the case that you couldn't buy fractions, at least at the Volksbank. This only came about gradually. The reason for this was relatively simple. Since only whole shares could be booked into the depository, Volksbank had to buy the shares itself and then distribute them to the individuals. Officially, these fractional shares were then held by the broker, who then had to calculate your dividend share himself. I'm not 100% sure whether this is still the case today, but I can imagine it is

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Schweizer_Investor@Alumdria

And where is my dividend? 😂

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