As a stockholder, you are entitled to Corporate Action entitlements that includes Cash Dividends, Stocks, Stock Splits, Mergers and Acquisitions, Rights Issues, Spin Off and Bonus Shares declared by the companies you hold a position in. These Corporate Actions will be directly executed to your Brokerage account within 2-3 business days.
How can I view the Corporate Action payout record?
You will be able to review dividend payout details in your Brokerage transactions history and monthly statements.
When will I receive my dividends?
Fractional shares pay proportionate dividends i.e., fractional shares positions are eligible to receive dividends in the same manner as your full positions on the same stocks.
Under normal circumstances, the dividend amount less any applicable withholding taxes will be credited to your account buying power within 1-2 working days after the corporate action payment date. Click here for more information regarding taxes and deductions applicable to your dividends.
Note: Foreign companies listed on the US, Singapore and Hong Kong exchanges may be subjected to further taxation. Brokers will only disburse dividends once the relevant taxes have been settled and this may result in receipt of dividends 2–4 working days after the declared corporate action date.