1. When can I receive dividends?
→ Please refer to the relevant corporate action document. The ex-dividend date refers to the date on which the dividend is calculated; the dividend payout date refers to the date on which the dividend is paid.
2. What are the forms of dividends? How do I receive dividends?
→ Usually, the dividend is in the form of cash dividends or stock dividends. Whether a dividend is paid on a stock position depends on the corresponding issuing company. Dividends (if any) are automatically paid to your Tiger account: if you hold the stock before the ex-dividend date, you will automatically receive the dividend.
3. Do I have to pay tax on dividends received?
→ The dividends you receive in your Tiger Account are already automatically tax deducted on the ex-dividend date (if tax is required). You do not need to do anything once you have received the dividends. Please click here for the tax rates for dividends in different markets.
4. How can I view the dividend payout record?
→ The dividend payout record will be updated in the Statement after 7pm on the next trading day following the payout date.