What is a corporate action (or event)?

It’s activity that materially changes an organisation and impacts its stakeholders and shareholders. These events are normally approved by the company's board of directors. Sometimes shareholders are permitted to vote on some events and some corporate actions require shareholders to submit a response.

Examples of corporate events include; stock splits, dividends, mergers and acquisitions, rights issues, and spin-offs.

How do I find out about corporate actions?

Where possible, we’ll notify you as and when these happen on your investments. Log into your Share Dealing account and select ‘Account Management’ and then ‘Important Notifications’.

If you have a question regarding corporate events please read the below before contacting us as we’ve included the answers to questions you ask us the most.

1. Tender Offers & Dutch Auctions

2. Rights Issues

Watch our video to learn more about Rights Issues.

3. De-listing or stock suspension

4. Takeovers

What is a dividend?

A dividend is a sum of money that a company pays out to its shareholders..

When am I entitled to a dividend?

If a company announces it is going to pay a dividend, it will also announce a date, known as the ‘ex-date’, which is used as a deadline to mark whether a shareholder is entitled to a dividend payment.

You must hold the stock when the market opens on the dividend ex-date to be entitled to a dividend payment.

Frequently asked questions

Want to know when your investment will pay a dividend?

If you’d like to find out when you’re due a dividend you can use our free Shares Centre.

Simply search for your investment and look for the prices panel.

Can't find what you're looking for?

You can call us on 03457 22 55 25.

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.