You often (sometimes very often and especially on Mondays and Tuesdays) read this question.
OK in the current case $BATS (+0,4%)
$BN4 (-1,15%) and $UNM (+0,17%) . 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
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