[image] What does this mean? Does anyone know why the dividend was withheld?

I think it might mean that the fraction of the share that you hold is small enough that your dividend rounded to 0

That is what I thought it might have been. Based on what I currently own, I should’ve received something, but I think I had a very low amount on the ex div date, so must have been less than 1 pence.

@Motiv7 The dividend is indeed 0.00 because the fractional shares that you’re holding don’t amount to a dividend of 0.01. As for the “You have been charged” part, it’s a technical error & we’ll correct it.

This is partly what puts me off investing in fractional dividend shares, as it might mean not receiving dividend amounts properly. Incentive to buy the full share I guess

The maximum you can lose per dividend payout due to rounding is 0.01. Suppose that happens 4 times a year and you own 40 stocks with fractional parts. You have lost £1.60.

Surely it should roll over until it reaches a full penny and then get added to your account?

My previous post was to make a joke. If pennies make a different to my financial health, probably I should not be investing in the stock market. I am thankful to not be with other brokers, who typically take 0.5% - 1.5% fee to convert USD dividends to GBP. Technically, a UK taxpayer probably owes d…

You also have to understand how rounding works in theory. Half of the time it gets rounded up and half of the time it gets rounded down, meaning that over the long term you shouldn’t be far wrong

I suspect that in regard to dividend payments on fractional shares Trading 212 always rounds down when the amount is less than 0.01. 0.007 becomes 0, not 0.01. But maybe not! Recently on Mastercard I got shares x dividend x GBP/USD = 0.0632528 × 0.4 × 0.7663 = 0.01938 and I got 0.02, so there w…

Afaik, there was official post somewhere(cba to look) , that basically states. Behind scene there is exact figures of your account balance (more decimals then visual .00 GBP), so in short you dont lose anything, as once it adds up to round up, it rounds up etc, so think of it more as visual nuisance…

MasterCard dividend withheld

🤝 Help

Richard.W August 15, 2020, 2:29pm 13

Here is the discussion mentioning the fact that client money is ledgered to 4 or 5 decimal places, for those who are interested.

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Fractional dividends 📊 Investing	2	500	March 11, 2021
Didn't receive Dividend 📊 Investing	1	1061	May 26, 2020
Explanation of First Dividend 🤝 Help	14	1202	June 23, 2020
Auto round down of fractional shares. Please 💡 Feature suggestions & ideas	9	455	September 26, 2025
Fractional shares & dividends 🤝 Help	2	688	March 11, 2020

MasterCard dividend withheld

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