9Mon·

Hi, I sold my $DWS (-0.32%) share after 20:00 on June 7, did I do something really stupid and won't get my dividend, or can I breathe a sigh of relief and it will still come today?

13 Comments

TomTurboInvest@TomTurboInvest

9Mon

June 7 was already the ex date, i.e. the divi had already been deducted from the price, i.e. you will still receive it.
The date (time) of your sale has no influence - whether 20:00 or 16:00 - it doesn't matter. Ex day is ex day
But be patient, today is payday...

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TheBigDip@TheBigDip

9Mon

@TomTurboInvest thanks, was just confused when I refreshed my Getquin account and didn't see any more of the dividend

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Muttimacht's@Mutti

9Mon

@TomTurboInvest How long will it take until the money is in the account? Nothing has arrived yet

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TheBigDip@TheBigDip

9Mon

@Mutti not for me either, but may be due to Trade Republic, TR has big problems right now, especially since they have no customer support

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TheBigDip@TheBigDip

9Mon

@Mutti May I ask you if you still have DWS and if not, is it in Getquin how much dividend you received or is DWS not there at all?

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TomTurboInvest@TomTurboInvest

9Mon

@Mutti It always depends on the broker, but it can take a few working days.
However, I have never experienced that the dividend has not arrived.

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Enrique@Dividenden_Monteur

9Mon

No, you get it.
The share must be in the securities account before the ex date.

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TheBigDip@TheBigDip

9Mon

@Der_Dividenden_Monteur thanks for the encouragement, hope you're right, when can I expect it today?

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Enrique@Dividenden_Monteur

9Mon

@TheBigDip can take up to 10 working days from today😅.
Your broker must first receive the dividend and then distribute it to the shareholders

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TheBigDip@TheBigDip

9Mon

@Der_Dividenden_Monteur Never had to wait that long at Trade Republic, but let's see, I'll write to customer support later

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Enrique@Dividenden_Monteur

9Mon

@TheBigDip As I said, up to 10 working days. May still arrive today, or not until Friday.
Unfortunately, it's impossible to say. You will get the same answer from customer service.

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Ronald@AlterMann

9Mon

Oh, oh... I'm sure the people at DWS won't think it's funny if you don't love them anymore. Hopefully they won't be completely pissed off, because then there won't be any dividends

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TheBigDip@TheBigDip

9Mon

@AlterMann Can they be helped?

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