Dividends are paid directly to your account with us if you are eligible to receive them. ✅
To qualify for a company's dividend payment, you need to have purchased the shares before the ex-dividend date and hold them at the beginning of the ex-date, but not necessarily until its end.
For example, Puma has an ex-date on 01.08.2022. To be eligible for a dividend, you need to have purchased the shares on or before 31.07.2022 & hold them until 01.08.2022. After that, the shares can be sold, and you would still receive the dividend in your account. 💸
You will not qualify for the dividend if you buy shares on the ex-dividend date or later or if you sell your shares on the day before the ex-dividend date.
If you hold fractional shares, the dividend will be distributed to your account based on the fraction of owned shares rounded to the nearest penny.
If you want to learn more about dividend investing, you can find information on the topic in our 'Trading 212 Learn' article 'Getting started with dividend investing' 👉 here or check out this video.👇