Dividend Payment via SLIPS

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

SupunD

Senior Equity Analytic

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Hi All

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

yellow knife · 2 Re: Dividend Payment via SLIPS Fri Sep 05, 2014 10:41 am

yellow knife

Senior Manager - Equity Analytics

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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

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

Roboticfx

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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.

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

SupunD

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

slmarket2 · 5 Re: Dividend Payment via SLIPS Fri Sep 05, 2014 4:22 pm

slmarket2

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

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

SupunD

Senior Equity Analytic

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Thanks Guys Smile

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Dividend Payment via SLIPS

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

SupunD

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

yellow knife

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

Roboticfx

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

SupunD

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

slmarket2

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

SupunD