We add the dividend to your DIY and Growth portfolios as soon as we receive it from the issuer.
With both Managed an DIY portfolios, these will be paid directly to your portfolio. You can then chose to move the dividends to your Cash Account, and then withdraw the monies or re-invest them in any of your portfolios. Or you can reinvest them directly into the portfolio to which they were paid.
Income Managed portfolios also have the dividends paid to the portfolio as soon as we receive them, however the income is paid to the Cash Account at the end of each month. Please note: Income portfolios are now a legacy product.
The issuer's policy or internal decision-making may affect how long it takes for the dividend to be sent to us after the payment date.