We automatically process your dividends. Cash dividends are credited as cash to your brokerage account by default.

You can view your received and scheduled dividends:

1. Go to Account (person icon) → in the app, select Menu (3 bars)
2. Select History → Dividends

If you have dividends that are scheduled but haven’t been paid yet, they’ll appear as Pending.

You’ll find the scheduled date and amount listed next to the stock’s symbol. Recently-paid dividends are listed just below pending dividends, and you can select any listed dividend for more information.

To qualify for a company's dividend payment, you must have purchased shares of the company's stock before the ex-dividend date. You can continue to hold your shares after the ex-dividend date or you can sell them on the ex-dividend date and still qualify for the dividend payment.

You won’t qualify for the dividend if you buy shares on the ex-dividend date or later, or if you sell your shares before the ex-dividend date.

Dividends that are paid in foreign currency won’t show as pending, and only appear in History after your brokerage account has been credited.

Dividends will be paid at the end of the trading day on the designated payment date. Fractional share dividend payments will be split based on the fraction of shares owned, then rounded to the nearest penny.

Sometimes we may have to reverse a dividend after you have received payment. If this occurs, you’ll see the reversed dividend in History → Dividends. You can select any reversed dividend for more information.

The following are some of the most common dividend reversal scenarios

Rate update

If the rate was updated after payment was made to you, we’ll reverse the inaccurate dividend and repay using the correct rate. The correct dividend and payment will show up in the app as paid. These rate changes are determined by the issuer, not by Robinhood. Common reasons include:

• The company amends the foreign tax rate
• The company amends foreign currency to US dollars or FX rate
• The company amends the dividend rates
• The company amends a critical date, like the ex-date, record date, or payment date

Complete reversal

We may pay out a dividend that gets recalled and need to reverse the dividend completely. Dividends may get recalled by the Depository Trust and Clearing Corporation (DTCC) or by the issuing company. If this occurs, you’ll see the reversed dividend in History → Dividends, as well as on your monthly brokerage account statement.

All investments involve risk and loss of principal is possible. Investors should consider their investment objectives and risks carefully before investing.

Robinhood U.K. Ltd (Robinhood UK) is a company registered in England and Wales (09908051) and is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.