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Understanding Dividends

Dividends

If you hold shares of a company that pays dividends, you may receive dividend payments based on your share ownership.

To be eligible, shares must be purchased before the company’s ex-dividend date and held through the required record date established by the issuer.

How Dividends Are Processed

  • Dividend payments are processed automatically

  • Dividend proceeds are deposited into the account holding the applicable shares

  • Dividend activity can be viewed in the History section under the Account tab in the app

Payment Timing

Dividends are paid according to the payment date announced by the issuing company.

In some cases, there may be a delay between the official payment date and when funds appear in your account. This can occur due to processing timelines between the issuer, clearing systems, and brokerage partners responsible for distributing dividend payments.

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