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QUOTE(ioB @ Feb 6 2018, 07:39 PM)
All dividends are deposited into Rakuten's account. They're the nominee. They will then process it after receiving the money from the company and credit it into your account. I was advised that it would take 3 - 5 working days for it to be processed.
Here's a real example:
I received my dividends from AirAsia and AZRB (through Rakuten) on 24 October 2017. Their payment dates were 13 OCtober and 16 October respectively if I'm not wrong.
QUOTE(jrlor @ Jan 11 2019, 09:22 AM)
Thanks for the info! Just to clarify, I am still entitle for dividend even if i have sold the shares, as long as it is done after ex-div date right?
QUOTE(ck_tonny @ Jan 11 2019, 11:44 AM)
Yes, you still entitle for the dividend.
Guys,
question about dividend.
We are eligible to dividend payout as long we purchased before ex- date right?
under my Rakuten Trade transaction history, share settlement, the date appeared to be 3 or 5 days from the day the orders are matched.
eg:
i make a buy order and matched on 20 Apr,
Ex date is 24 Apr,
But under the share settlement, the date is 25 Apr. And because of this, i think likely not entitled to dividend payout i guess?
Any comments? anyone encounter this?
Is it just rakuten trade that the share settlement is like 3 to 5 days from the day the order is matched? and not
on the day the order is matched?