Managing Dividends

Portfolio Manager keeps track of the Dividends X-Date for holdings in your portfolio. When a dividend is declared for one of your holdings, Portfolio Manager displays a Dividends Declared message on your Portfolio page just below the Portfolio Summary.

This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend. The ex-date is usually two business days before the record date. It is indicated in newspaper listings with an x.

Click Manage Dividends. The Manage Dividends window opens displaying information about your dividend(s) and options for managing them. Any assets in your Portfolio that have a dividend X-date will appear in a table with the following information about:

• Name of Asset

• X-Div Date for the dividend and the dollar value and currency of the dividend.

You have the following options: Reinvest your dividend, Move it to a cash holding, or Remove the notification from the list.

Moves the dividend to a cash holding. Any cash accounts you have already set up in your portfolio will be listed in the Select a cash holding drop-down box. Select cash account where you want your dividend amount to be moved to, or select Create a new cash holding. If you select to create a new cash holding, a text box appears for you to enter a name for your new cash holding. Click Ok to create a new cash holding account.

Portfolio Manager shows you how many shares of the asset you can purchase with the amount available in your dividend payment. You can edit the Date, Quantity, or Price per share information, and enter any fees that apply. Click Ok to record your reinvestment or Cancel to return to the main Manage Dividend screen.