Dividend Payment Date - Equity Derivatives Provision: Difference between revisions
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{{eqderivanat|10.2}} | {{eqderivanat|10.2}} | ||
Only relevance of the {{eqderivprov|Cash Settlement Payment Date}} or {{eqderivprov|Settlement Date}} is that the former relates to [[Cash|money]] payments and therefore cash dividends, the latter to [[physical delivery]] of [[securities]], (i.e. scrip [[Dividend - Equity Derivatives Provision|dividend]]s), which are more fraught with disruptions. | |||
So your cash payments will usually get paid on the intended {{eqderivprov|Currency Business Day}}; [[scrip|scrip dividend]]s might not get to you for a few days if the market is a bit salty. | |||
Revision as of 10:58, 18 September 2019
Template:Eqderivanat Only relevance of the Cash Settlement Payment Date or Settlement Date is that the former relates to money payments and therefore cash dividends, the latter to physical delivery of securities, (i.e. scrip dividends), which are more fraught with disruptions.
So your cash payments will usually get paid on the intended Currency Business Day; scrip dividends might not get to you for a few days if the market is a bit salty.