LOLā¦Iām sure it feels that long.
They actually take a few weeks, itās well documented on their forum
If theyāre anything like Freetrade iām pretty certain it wonāt be across the board. If they were, then we both would be getting our payouts on the same day from the same holding.
Consistency of service for all doesnāt seem to be the norm with these brokerage apps.
Have a look if you like. 212 donāt pay out for a few weeks, they say this themselves.
Not sure why where slightly different delays on freetrade but I got $O yesterday as expected. Worth a ticket to freetrade if your seeing some odd delays.
My dividends always tend to come either on the day or a working day later - typically the later ones tend to be US stocks. Iām not sure if this has anything to do with the fractional shares at all?
Yes I emailed them yesterdayā¦Not expecting a reply any time soon though.
Youāre basically agreeing with me that Freetrade arenāt consistent with their payoutsā¦Iām just not sure if youāre aware of it or not.
I am aware. Thatās what i was sayin. Odd that the payment dates are not the same across the board. Just giving my perspective that itās not delayed the same for everyone. I wonder if itās a rolling payout system or something like that ā¦ weird either way
It only makes sense if itās deliberately withheld from some customers over othersā¦That might not be true but thatās how it looks.
Tbh I donāt think T212 are any better. I have heard from others that they take two additional days after payout day which is slower even than FT.
Since my delay(coincidently it was also JNJ) its returned to normal. US shares generally being the day after their payout day and thatās what Iāve seen in the US payouts Iāve had since JNJ.
Iām very happy for you but that only goes to prove that Freetrade lack any consistency with treatment of their customers.
Who knows, I might get lucky and be one of the ones that gets their dividends on time with T212ā¦Itās worth finding out is my pointā¦So far iāve had payouts 100% late every time with FT.
Hereās an explanation from another user on a similar thread:
My bad, i see youre on that thread too. I dont know why the payment dates are different for people holding the same stock, but tbh iām happy as long as i get them paid. At the momemt my dividends are not that significant and Itās all reinvested anyway.
I canāt work out whether your straw manning is deliberate or accidental. lol.
what does that mean?
I rest my case.
I just looked up the phrase, i had genuinely never come across it before, as no-one has ever accused me of that before. So it was a genuine question.
Clearly accidental as i was in the middle of editing my response when you commented.
Why does this rile you so much?
Iād be happy to get the Dividends within a week of the payment date. Sometimes theyāre the same day and sometimes itās taken 3 days from the payment date.
What do you suppose is a suitable service level for this?
Just looked at their profile and they must be having a terrible time of it on the app.
I was genuinely only trying to help as I have always done with other queries.
Do you know how much money could be made in the two days that Ā£2.19 dividend isnāt in my account? I could be a millionaire!! Iām going to sue FT for loss of earnings!!