I participated in the share lending programme. Today when I received my dividend, I found out that I was not paid dividend for those shares that I lend out. Any one here got the same encounter?
(19-09-2012, 11:00 PM)pianist Wrote: [ -> ]what was poems reply?
I emailed to SGX. Now wait for reply.
(19-09-2012, 11:15 PM)Share Investor Wrote: [ -> ] (19-09-2012, 11:00 PM)pianist Wrote: [ -> ]what was poems reply?
I emailed to SGX. Now wait for reply.
You need patience. You will get your due dividends. there is a time lag of sometimes a couple of weeks before you get the dividends of those shares that you loan out as compared to those dividends of the shares that was not loan out.
(19-09-2012, 11:56 PM)Jacmar Wrote: [ -> ] (19-09-2012, 11:15 PM)Share Investor Wrote: [ -> ] (19-09-2012, 11:00 PM)pianist Wrote: [ -> ]what was poems reply?
I emailed to SGX. Now wait for reply.
You need patience. You will get your due dividends. there is a time lag of sometimes a couple of weeks before you get the dividends of those shares that you loan out as compared to those dividends of the shares that was not loan out.
IIRC, there is a time lag of within 1 week. SGX need time to collect it from borrower on your behalf. You will definitely get your due dividend.
(20-09-2012, 12:11 PM)CityFarmer Wrote: [ -> ] (19-09-2012, 11:56 PM)Jacmar Wrote: [ -> ] (19-09-2012, 11:15 PM)Share Investor Wrote: [ -> ] (19-09-2012, 11:00 PM)pianist Wrote: [ -> ]what was poems reply?
I emailed to SGX. Now wait for reply.
You need patience. You will get your due dividends. there is a time lag of sometimes a couple of weeks before you get the dividends of those shares that you loan out as compared to those dividends of the shares that was not loan out.
IIRC, there is a time lag of within 1 week. SGX need time to collect it from borrower on your behalf. You will definitely get your due dividend.
Thanks everyone. I received the same reply from SGX. It will take 7th business days after CDP makes payment to shareholders.
may i ask which is the counter that was lent out?
(20-09-2012, 11:18 PM)pianist Wrote: [ -> ]may i ask which is the counter that was lent out?
It's ARA. This counter gives me capital appreciation, dividend and lending fee.
