Distributions and dividends are paid by your underlying holdings into your Professionally Managed Account (PMA) on the payment day as announced to the Australian Stock Exchange (ASX). You can google the ASX ticker code and find this for each holding.

Franking credits that are due to you are passed on in full.

Please note that in the Dividends & Interest area, we quote the Ex-Dividend Date.

The Ex-Div date refers to the date you need to own the holding to receive the dividend. If you sell the holding after the Ex-Div date, you will still receive the dividend. The Payment Date is usually multiple weeks later. This is when you will physically receive the dividend cash amount into your investment account. This income will then be paid in the following income sweep if enabled.

Above you can see that ASX: AAA has the ex-dividend date of 1 July 2021 however the payment date is actually 16 July 2021 (see Recent Distributions).

Income, when paid, is added to the cash holding of your PMA and either retained for investment at the next rebalancing date or accumulated to be paid out to your nominated bank account periodically (monthly) based on your preference. 

If you wish to amend your income preference at any time click here or complete the following steps:

  • Click My Account and then My Investments

  • Select Investment Preferences¬†

  • Toggle the Income Sweep

  • Select Save Settings

  • Click Verify Request

  • Choose Email Verification or SMS Verification

  • Complete Verification Process

If you require any assistance, please contact our friendly team at invest@investsmart.com.au 

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