Jump to content

Missing Dividend Payment


Recommended Posts

Hi IG,

I'm missing my dividend payment for 3M (ticker: MMM) on my IG share dealing account. I opened a buy position of the stock on the 1st Feb 2022 and the ex-diff date was on the 17th Feb 2022. 

I also hold 3M with another broker where the dividend was paid. So I'm rather confused as to why the dividend payment hasn't appeared in my IG account?

Thanks,

Harpal

Link to comment
3 hours ago, harpalss said:

Hi IG,

I'm missing my dividend payment for 3M (ticker: MMM) on my IG share dealing account. I opened a buy position of the stock on the 1st Feb 2022 and the ex-diff date was on the 17th Feb 2022. 

I also hold 3M with another broker where the dividend was paid. So I'm rather confused as to why the dividend payment hasn't appeared in my IG account?

Thanks,

Harpal

Hi @harpalss,

The payment date was 12th March US. I believe that it should reflect shortly on your account. As we operate under a custodian model, it can take a bit longer to receive the dividend payments as we are waiting on the custodian to pay the dividends.

If you haven't received your received your dividend by next week feel free to reach out to helpdesk.uk@ig.com to follow up.

All the best - Arvin



 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,562
    • Total Posts
      96,853
    • Total Members
      44,134
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Ajani
    Joined 28/11/23 13:04
  • Posts

    • I believe this is nothing but a witch hunt cos apparently Binance is on its way to been the biggest company world over. Also, there are rumours that all this hapenings could be BlackRock making a move to clear the house ahead of the most awaited ETF. Notwithstanding, i took precautionary measures and moved my funds to Bitget and Bybit, better to be safe than sorry yah.
    • Crypto industry maybe seen as one of the fastest growing industries in the world today, boasting of a remarkable growth that is capable of making many forget in a hurry all the hurdles it had to beat during its infancy. Although not void of limitations still, no industry is anyways, it has well exceeded early expectations and earned global interest. So scrolling through my Instagram feeds today and seeing the footballing icon and 8th time Ballon d'or winner, Lionel Messi’s post of him celebrating his 1 year anniversary partnership with the crypto exchange, Bitget, I was left reminiscing all the challenges the industry had to overcome to get to where it is today. As a crypto enthusiast who is eager to see the industry reach greater heights, such high-profile partnership thrills me. For one, for the industry to leap further, the issue of lack of trust must be resolved. Lionel Messi well understands his position in his country Argentina as a demi-god, his 500m global followers on IG idolise him. He and his crew must have done their background checks before endorsing the crypto exchange to protect his reputation and also for his followers’ interest. The global reach from this partnership is also a win for the exchange and the industry in general. It portrays the exchange as trustworthy and reliable, and readily welcomes newbies, further boosting crypto adoption. 2009-2023 has been an adventurous journey for the crypto industry, there might have been some tides here and there but the ship is sailing smoothly. Has crypto industry striked mainstream adoption to afford sealing high-profile partnerships like this? 
    • Binance's former CEO, Changpeng Zhao, has admitted to violating US anti-money laundering laws, which may result in him facing jail time. This news comes as a surprise to many, as CZ is highly regarded in the industry, unlike some other exchange founders who have been caught engaging in fraudulent activities.   The US Justice Department is now seeking a longer prison sentence than the initial 12-18 months and has also denied CZ's request to travel despite his trial starting in February 2024.   Following the news of Binance CZ's guilty plea, more than $1 billion was withdrawn from Binance as investors sought out more secure options due to the uncertainty surrounding the exchange and US regulations.   This raises the question of how this situation will impact the long-term future of cryptocurrency, as well as which exchanges are best for investors at this time.
×
×
  • Create New...
us