The dividends are paid directly to your account with us if you are eligible for receiving them.
Invest/ISA Dividends
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 the end of the ex-date.
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 it until 01.08.2022 00:01 GMT+3. After that, the position can be closed and the dividend would still be due to be paid on 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.
Fractional shares dividend payments will be split based on the fraction of shares owned, then rounded to the nearest penny.
CFD Dividends
Similarly to the Invest/ISA dividends, to qualify for a CFD dividend payment, you must have opened a position with the company's instrument before the ex-dividend date or earlier, and held the position at the beginning of the ex-date, but not necessarily until the end of the ex-date. Depending on the direction of your position (long or short) the dividend will be either paid or deducted from your account.
→ When are dividends paid?