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How are dividends paid?
Would you like to...
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You can select how you would like your dividends to be handled from one of three options.

The first option is 'Dividend Reinvestment' (sometimes known as a DRIP) which will ensure all dividends on UK CREST eligible stocks that are paid in cash are automatically reinvested back into the source stock. Any cash remainders will be credited to your Share Dealing account. Dividend Reinvestment carries a 1% commission charge (capped at £10) and 0.5% stamp duty per transaction.

The second option is to simply receive your dividend as cash which will be credited to your Share Dealing account or 'Hold in Account'. You may then put these funds towards a future purchase or withdraw them to your bank account as you require.

The final option is 'Pay Away'.  Any dividends received will be automatically credited to your nominated bank account.

You can make changes to your dividend handling by logging into the Share Dealing Service, selecting the 'My Profiile' tab and then 'Set Dividend Handling'.

Please note that during Dividend Re-investment you may notice a discrepancy between your 'Amount available for Invest/Withdraw' and the funds shown on your Cash Statement while the dividend trade is placed on your account.
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