Where can I see dividends?
Information on dividends reflected on the client's account is in the “Corporate actions” section of the Broker Report. The corresponding cash movement may also be reflected in the “Cash Flow” section.
What is a dividend recalculation?
A dividend recalculation is an adjustment to a previously reflected payment resulting from a clarification of data by the issuer, the depositary, the tax agent, or other participants in the settlement chain. Under such an adjustment, the previously reflected transaction may be reversed (Reverted) and replaced with a new record containing the updated parameters.
Why can the dividend amount differ from the amount announced?
The amount actually credited may differ due to applicable tax withholding, the payment currency, rounding, and adjustments provided by the issuer or by participants in the depositary chain.
What is withheld tax?
The Broker Report may separately show the amount of tax withheld on a payment of income, in accordance with the applicable rules and the information available to participants in the settlement chain. The amount and procedure for taxation depend on the client's specific circumstances.
What are corporate actions?
Corporate actions are events initiated by the issuer or related to the terms of issue of a financial instrument, which may affect the quantity or characteristics of financial instruments, or cash payments to the investor.
How is a share split reflected?
In a split, the number of shares and the settlement price per share are adjusted according to the split ratio. The investor's economic stake does not change as a direct result of the split itself; the market value of the position after the corporate action may change under the influence of the market.
How is the conversion of financial instruments reflected?
In a conversion, the original financial instrument may be debited and replaced with another financial instrument in accordance with the terms of the corporate action. The changes are reflected in the “Corporate actions” section and in the corresponding movement/balance sections.