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Delay payment of Dividends
kenn mallett
Posted: 16 May 2018 10:43:16(UTC)
#1

Joined: 16/05/2018(UTC)
Posts: 1

I have shares in a Japan Equity Index which two weeks ago paid out a dividend and I received the notice which indicated the payment date was 30th April.
At the end of last week when I had not received the balance to my SIPP, I rang them and asked why it hadn't been paid.
The reply was that due to the Bank Holiday, they had a back-log of work, but it would be in my account by the end of the week.
As of today the 16th May, I still have not received this.
It isn't for the amount it is, but rather the principle as I assume if it isn't in my account and all the other investors accounts who own shares in this fund, is it languishing in A J Bell's bank account earning them a nice little interest?
Just a thought. :)
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