MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
Can anyone help me out with a couple of quick share-related questions?
If you sell shares after the ex-divided date, but before the dividend is actually paid, do you still receive it?
Also, I have two very small shareholdings that I have the paper certificates for (i.e. I don't hold them via an investment platform). They are very small amounts - £250 and £50 - and neither are in companies I have much hope will grown in the medium/long term. I presume I'd need to transfer them to my HL account and pay dealing fees to get rid of them?
Yep... you'll still get the div.... you may have seen the share price open down about the same amount as the payable div on the ex date.
Certs are a pain in the bum and will I'd imagine expensive to De-materialise... ask HL how much ??
Thanks Ro5ey, that was what I thought on the divided.
I figured as much on getting rid of those paper certificates, but I might as well try a get a few quid out of them as I don't think Morrisons and TUI travel will be star performers in the next few decades 😆
As above - OK on divis
Might help you other questions - trading in £50 lots is uneconomic Im afraid
Thanks - that actually looks like I could transfer them to a (non-ISA) dealing account for free, which is slightly better than I thought.
[i]Share certificates
Can I add share certificates into my Vantage Fund & Share Account?
To add a share certificate held in your name to your Vantage Fund & Share Account, simply complete a Fund & Share transfer form and return it to our freepost address along with the original share certificate(s).[/i]
yes I was referring more to dealing costs
Hl transferred a small paper shareholding ( c £2k) to my trading account for free. Phone your platform provider and ask.
Don't ask if the owner funded/supported Brexsit!!!
You can dematerialise for free with First Direct for one. You will still have a 10 quid dealing charge. Selling in certificated form will cost a lot more.
There are various ways of selling paper certificates but if you can transfer them for free to your share dealing account that seems a no brainer.
BTW £50 worth 'isn't small (coigh) , due to an admin error (overlooked a dividend paid in a single share !) I left myself with share holding worth £6 😳
BTW £50 worth 'isn't small (coigh) , due to an admin error (overlooked a dividend paid in a single share !) I left myself with share holding worth £6
😀 Car-boot sale? Put it on the classifieds?
I d gift them to charity i think they batch them up to sell en mass.
Divis paid to all shareholders at 0800 hrs on ex divi day, sell them at 0801 you get paid the divi.
Those mozzer shares will take a while to recover to where they were, i bailed out of sainsburys last week tired of waiting. Retails a tough market and going to get worse, inflation is heading our way and wages arent going up.