Several companies are issuing dividends in the form of cryptocurrency meme tokens. At this time, IBKR is unable to facilitate the distribution of these meme-specific token dividends.
To receive your distribution, you will need to:
- Contact the issuing company directly for detailed instructions on how to collect your dividend.
- Be prepared to transfer your shares to the designated transfer agent by the announced record date, either during the record date period or for an extended duration. (Please be advised that Margin Accounts will need to be reviewed to ensure the shares can be delivered to the transfer agent without incurring issues.)
We recommend reaching out to the company as soon as possible to ensure you receive proper instructions and do not miss any important deadlines.