On the ex-dividend date for a cash dividend, IBKR will accrue the expected dividend to eligible accounts. The dividend will continue to accrue until the funds have been allocated by the clearing agent or depository. Upon receipt of the funds, IBKR will reverse the dividend accrual and post the dividend to the cash balance of the account.
I received a message for a cash dividend. Do I need to take action?
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Why was my dividend accrual reversed?
On the ex-dividend date, the expected dividend amount will be reflected as an accrual in your Daily Activity Statement. The accrual will continue to be reflected until the funds have been received from the depository or clearing bank. Upon receipt of the funds, the dividend accrual will be reversed and the funds will be posted to the Cash Balance of the account. At that time, the funds will be available for withdrawal…
When will my dividend be paid?
If you are eligible to receive a dividend payment (please see the IBKR Knowledge Base), an accrual representing the dividend expected to be paid by the issuer at a future date will be posted to your account balance on the Ex-Dividend Date…
How are dividends paid out?
IBKR will reflect upcoming dividend payments as an accrual in client accounts on or shortly after the ex-dividend date. Upon receipt of the funds through our clearing agent or depository, the accrual will be reversed from the account and the cash dividend will be allocated to the Cash Balance of the account. This action typically will occur on the announced payment date of the dividend…
Are dividend accruals included in NAV?
Yes, once a dividend is accrued it will be included in the account's Net Asset Value (NAV). The accrual will generally start on the Ex-Dividend date and will be reversed out of the Dividend Accrual and posted to the Cash Balance on the payment date. The NAV will be impacted on the ex-dividend date when the accrual is processed…