7. How do dividends get paid out
Some shares pay dividends which are a portion of profits made by the company. The company will declare a dividend (declaration date) and announce a record date, ex-dividend date and payment date. The record date is the date that the investor needs to be a registered shareholder in order to receive the dividend. The ex-dividend date is the first day that the share trades without the dividend. The payment date is the date that the dividend is paid to shareholders.
Once we receive the dividends from the company, we will send the dividends to your account within 1-3 working days.
To view the dividend you have received on the Tiger Trade app, go to the Portfolio tab > click on More > Corporate Actions > Dividends