Now I’m hype for my first dividends
It should be early next year
You will need a summary sheet ready for tax returns for 2018/19.
Are you going to offer the choice of choosing between cash or scrip alternatives?
A post was merged into an existing topic: Dividend yield and ex date
I can’t wait for this to be implemented. Any ETA?
It’s ‘next up’ on our roadmap
Any more news on this? I have received divs in the last few days, and as it doesn’t show in the activity feed there is no way of telling how much!
The live chat only told me the Ex date, Pay date and dividend per share. But as I buy and sell multiple tranches of each share it’s impossible to tell how many I actually owned on the EX date!
Not yet I’m afraid, keep an eye on the roadmap for updates
If you ask then we can give you the specific figure
A post was merged into an existing topic: End of tax year
Yes they have - all 75p of it
But it seems a fairly manual process, especially if you have a wide selection of shares
Personally I think this information should be a must and be at the top of the roadmap
Absolutely agree. I have nearly 40 stocks that pay dividends and having to manage the way we have to find out when and how much right now seems very primitive
Quick question, what if you buy before ex-div date and sell after like you said but the shares go up and you make profit? That means you get dividend payment and the profit of capital gain. I checked ex-div date of a company and looked on their share price chart and after the ex-div date the stock increased which I assume is because of people selling so isn’t this a loophole sort of? Or is it that some stocks may be the exception and increase rather than decrease after ex-div date
What do you mean by loophole? Loophole in what?
This may have been a viable strategy long time ago, but as with all loopholes, when they become popular, they stop working.
As it stands, whenever you buy a stock just before the ex-div date, it will drop by the dividend amount immediately after. If you happened to have experienced stock price going up after the ex-dividend date, it is likely that it went down (just as it has to) but then simply went up due to other factors, such as positive news sentiment, beneficial announcements or simply shares’ demand being above the supply/demand equilibrium which naturally drives prices upwards
Great to see this is coming into the app looking forward to the update!
When will this update be added to freetrade ?
We don’t have a specific timeframe when this will be added yet but it’s on the roadmap here if you want to keep track of it.
Looks great, really handy to see where incoming funds has come from.
A post was merged into an existing topic: Dividend Indicator