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When are shares dividends (cash and in extra shares) credited to my account?
Dividends paid in cash are credited to your account on the pay date. However, if you elect to receive extra shares, instead of cash, there may be a delay in the shares being booked into your Open Positions.
This is because CornèrTrader must wait to receive the extra shares from our Custodian/Registrar before they can be booked into your account. Delay will depend upon the country in which the company is incorporated.
As an example, for extra shares issued by a UK listed company, a delay of approximately 20 days is standard before CornèrTrader receives the new shares.