Help & FAQs

Why is my dividend payment made to Selftrade when I have transferred out?

Dividend payments are made to the account holding the security at the record date.                                                                                                                                                                                                                 Example:
Record date: 23/12/2016 
Transfer Instruction Sent: 01/01/2017
Transfer complete: 01/02/2017
Dividend payment: 15/02/2017


Dividend payments will be made to your Selftrade account due to your account holding the asset on record date. We will endeavour to transfer any dividend payments to your new account, however, to avoid this situation we encourage customers to take dividend payments into account when transfers are requested and inform us at the earliest opportunity if a dividend payment is received after transfer date.

Submitted on 17th Nov 2017

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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