Corporate Action

The dividend will be credited to your account after iFAST received it, which typically takes around 2-3 business days.

Cash Dividend
The cash dividend are paid out based on the default declared currency only. Optional currencies are not available on our platform.

If you did not opt into Auto-Sweep Account, the cash proceeds will be credited into your respective currency cash account, after payment date or upon confirmation of receipt of payment from the custodian (whichever is later).

If you have opted into Auto-Sweep Account, your cash dividend will be invested into your Auto-Sweep Account ONE business days after you received it in your Cash Account.

Scrip dividends
The shares will be credited into your holdings and reflected in your account after the stipulated date. As such, you can only sell these shares after they have been credited into your account

For Stocks/ETFs bought using CPFIS-OA/SRS account, your agent bank will credit the cash dividend directly to the CPFIS-OA/SRS account respectively.

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