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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Dividend Payment via SLIPS

Dividend Payment via SLIPS

4 posters

Go down  Message [Page 1 of 1]

1Dividend Payment via SLIPS Empty Dividend Payment via SLIPS Fri Sep 05, 2014 10:30 am

SupunD


Senior Equity Analytic
Senior Equity Analytic

Hi All

Can we instruct dividend & interest payments on stocks & debentures to directly transfer to a bank account through SLIPS?

2Dividend Payment via SLIPS Empty Re: Dividend Payment via SLIPS Fri Sep 05, 2014 10:41 am

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

well my broker arranged me such a mechanism and thats through CDS... You can discuss with your broker and make arrangements to receive your payments deposited to your account

3Dividend Payment via SLIPS Empty Re: Dividend Payment via SLIPS Fri Sep 05, 2014 10:44 am

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

yeah of couse. I have obtained that facility. Forward a letter to CDS through your adviser to change the type you receive payment.

Your letter should be addressed to CDS and not to your broker, but you should send it through your broker. (Ask your broker about it. My one is capital trust)

Remember to state yourr portfolio number, NIC and bank A/C number.

4Dividend Payment via SLIPS Empty Re: Dividend Payment via SLIPS Fri Sep 05, 2014 4:06 pm

SupunD


Senior Equity Analytic
Senior Equity Analytic

Do I need to send it through a broker or directly to CDS?

5Dividend Payment via SLIPS Empty Re: Dividend Payment via SLIPS Fri Sep 05, 2014 4:22 pm

slmarket2


Manager - Equity Analytics
Manager - Equity Analytics

its not slips. they send check to bank. send form through broker

6Dividend Payment via SLIPS Empty Re: Dividend Payment via SLIPS Sat Sep 06, 2014 9:21 am

SupunD


Senior Equity Analytic
Senior Equity Analytic

Thanks Guys Smile

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