*Companies can change the dividend amount they pay to shareholders.
Frequently asked questions:
If you’re looking for dividend dates and events not shown on this page, you can try our Share Centre. All you need to do is visit the share details page for the stock you’d like to know more about (e.g. here is the share details page for Lloyds Banking Group) scroll down to ‘company information’ and click on the ‘Dividends’ tab.
We do not currently offer the option of ‘Scrip dividends’. We do however offer our own ‘Dividend Reinvestment Plan’ (DRIP) which provides you with the option of buying stock using your dividend payments.
Dividend Reinvestment is charged at 2% (maximum £9.50) plus 0.5% UK stamp duty.
We aim to pay dividends as soon as possible, however all payments will be paid within 10 working days of the payment date.
For the majority of UK stocks we will credit the dividend to your share dealing account on the dividend payment date, this is provided we have received the payment and related documentation from the registrar.
Unit Trusts and foreign dividends tend to take longer to be credited as we have to wait for external custodians to release payment. In the case of foreign dividends this is usually 1 working day after the dividend pay date, and in the case of Unit Trusts this can be up to 1 week after pay date.
There are a number of reasons that your dividend may not have reinvested:
- Did you select "Re-invest" as your 'Income Handling Option' at least 24 hours before the dividend payment date?
- Was the dividend over £1.00 in value, and does the dividend total enough to purchase at least 1 share on the stock market?
- Do you still have the stock in your share dealing account that the dividend was paid on? (No reinvestment can take place if you don’t have a holding).
- Is the stock eligible for reinvestment? Examples of stocks not eligible for reinvestment include foreign stocks and stocks that require a set investment amount such as bonds and gilts.
- If the stock is being held in an ISA, is this ISA active?
- Do you have any outstanding charges on your share dealing account?
- Have you passed all relevant ID and Money Laundering checks?
If none of these apply to you then please contact us on 0345 606 11 88.
To receive a dividend payment from a stock you need to buy before it’s ex-dividend date. If you buy a stock on or after its ex-dividend date, you won’t receive it’s next dividend payment.
If you sell a stock on it’s ex-dividend you will still receive the next dividend payment.
Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.