Contact and Help - Business Banking
How do I receive dividends on my Depository Receipts?
Dividends are paid annually, usually in June/July in sterling. You can opt to receive cash dividends by electronic payment straight into your bank account. To do this you need to complete the dividends paid by electronic payment section on the application form when you apply and the payment will be made automatically. Some historic dividends are paid by cheque, however, this service is not offered to new applicants.
You can elect to receive stock dividends by participating in our Stock Dividend Scheme. We write to Depository Receipt holders who currently elect to receive cash dividends in May each year to give them the opportunity to elect to receive a stock dividend.
You can also download a Stock Dividend Scheme Mandate from our website at any time which you can use to elect to receive all future dividends in further Depository Receipts as stock dividends. You must read and agree to the accompanying Scheme Terms and Conditions. Both the Stock Dividend Scheme Mandate and Terms and Conditions are available on the downloads tab of the Depository Receipts web pages.
There is no guarantee that a dividend will be paid every year or that the dividend amount will increase year on year.
More from the same category of FAQs:
- I have submitted my declaration and now have an application form, what do I do next?
- How will I know when my Depository Receipts have been allocated?
- Can I apply if I live outside the UK?
- Can I apply for Depository Receipts online?
- How do I buy more Depository Receipts?