As a stockholder, you are entitled to dividends declared by the companies you hold a position in. Dividends will be directly credited to your Syfe Trade account.
When will I receive my dividends?
Under normal circumstances, the dividend amount will be credited to your account buying power within 1-2 working days after the corporate action payment date. Any withholding taxes will then be deducted afterwards from your buying power. Click here more information regarding dividend withholding taxes.
Note: Foreign companies listed on the US exchange 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.
How can I view the dividend payout record?
You will be able to review dividend payout details in the monthly statements.