When will the stock dividend arrive (when will the stock dividend arrive)

Stock dividend refers to a way for listed companies to return some profits to shareholders in cash or stock according to their profitability. Stock dividend is one of the main ways for shareholders to gain income by holding stocks. However, many investors have doubts about the arrival time of stock dividends. The arrival time of stock dividends will be introduced in detail below.

Subtitle 1: dividend date and ex-dividend date

When a company announces its dividend plan, it will generally announce the dividend date and ex-dividend date at the same time. Dividend date refers to the date when the dividend plan is determined and the dividend money is transferred to the shareholders' account, while ex-dividend date refers to the last trading day of the stock trading day with the right to pay dividends. Generally speaking, there is a difference of one day between the dividend date and the ex-dividend date, that is, after the stock exchange completes the registration of dividend rights and interests on the ex-dividend date, it will arrive the next day.

Subtitle II: Shareholder Account Types

The arrival time of stock dividend is also related to the type of shareholder account. At present, there are two main types of shareholder accounts, one is an exchange account and the other is a settlement company account. In China A-share market, the exchange account is the account for investors to buy and sell stocks, while the clearing company account is the account for investors to circulate funds and stocks. Generally speaking, the stock dividends in the exchange account arrive late and need to wait until the settlement company makes a unified transfer.

Subtitle III: Handling Time of Brokers

The arrival time of stock dividends will also be affected by the processing time of brokers. As the agent of shareholders, brokers are responsible for dealing with stock dividends, including obtaining dividend information, checking data, and allocating funds. Generally speaking, after receiving the dividend information, the brokerage firm needs some time to process it, and then transfer the dividend money to the shareholder's account. The arrival time of stock dividends also needs to consider the processing time of brokers.

Subtitle 4: Bank Processing Time

The arrival time of stock dividends is also related to the processing time of banks. Once the broker transfers the dividend to the shareholder's account, the shareholder also needs to transfer the dividend to the bank account in order to actually receive it. As the depository of funds, banks need to check and liquidate funds, so there will be a certain processing time. The processing time of different banks will be different, some banks may arrive at the account faster, and some banks may arrive at the account slower.

The arrival time of stock dividends is influenced by many factors, including the interval between dividend date and ex-dividend date, the type of shareholders' accounts, the handling time of brokers, the handling time of banks and so on. Investors need to consider the influence of these factors and wait patiently when waiting for the arrival of stock dividends. At the same time, investors can also understand the progress of accounts by paying attention to company announcements, contacting brokers and banks, grasp the dividend situation in time, and arrange their investment plans reasonably.