We make sure that you receive the dividends and income distributed from your stocks and ETFs. As soon as you hold a security in your securities account at the beginning of the ex-date of the dividend payment, the number you hold will be marked for payment. The ex-date for German stocks is usually the day after the shareholders’ meeting at which the dividend was defined. Investors who acquired the relevant stock up to one day before the ex-dividend date will receive the dividend.
The actual payment of the dividend is made on the payment date. This can be shortly after the ex-dividend date, but also a few weeks later. You can find information on this on the company's website (for stocks) or on the issuer's website (for ETFs) and in your profile from the ex-dividend date. The dividend will be booked in your securities account on the payment date. You’ll receive a settlement with the relevant tax deductions from us.
If a dividend or income is paid in a foreign currency (not euros), we automatically convert the foreign currency for you into EUR. Please note the information on currency conversion.
The payment of dividends and ETF distributions are usually free of charge. In some exceptional cases there can occur currency exchange costs due to converting dividends and distributions from foreign currencies to Euro. These costs are already considered in your paid out dividend.
Will I receive dividends if I only hold fractional shares?
Dividend payments also apply to shareholders who own fractional shares. When a company distributes dividends, it is executed on a pro rata basis which means it is based on your proportion of investment.