Dividends
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:
If you have dividends that are scheduled but haven’t been paid yet, they’ll show 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.
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.
Dividends for foreign stocks take additional time to process. You'll most likely receive your dividend payment 2-3 business days after the official payment date.
For eligible stocks, you can receive certain dividend payments before the issuer’s announced payment date. You can use early dividends to trade securities. However, you cannot withdraw early dividends from your account until the issuer has paid the dividend at the settlement date (issuer pay date).
You can view what stocks are eligible for an early dividend payment within your account at this app link.
Early dividends only affect the timing of when eligible funds are credited to your account and do not increase, modify, or ensure payment of any dividend.
For details on reversed and revised dividend payments, review Reversed dividends.
Only stock you already own qualifies for the dividend, including purchases of the company’s stock that are executed before or by 8 PM ET the night before the ex-dividend date.
The following are not eligible and do not qualify for a dividend:
You can sell your shares on or after the ex-dividend date, including sales placed after the 8 PM ET cut-off the night before, and still receive the dividend.
For details about extended-hours and overnight trading, check out Extended-hours trading and Robinhood 24 Hour Market.
Sometimes we may have to reverse a dividend after you have received payment. Keep this in mind when investing with early dividend payments. If this occurs, you can view 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
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:
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 can view the reversed dividend in History → Dividends, as well as on your monthly brokerage account statement.
Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when sold, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.
The Early dividends feature can change at any time. Inclusion in this list today doesn’t guarantee eligibility when a dividend is announced or paid. Dividends are determined by the issuing company and may be revised or reversed before the announced payment date. Payment isn’t guaranteed. This feature only impacts the moment you receive the payment.
The early dividend stock list is generated by using Robinhood data and is provided for informational purposes only by Robinhood U.K. Ltd, which is not investment advice or a recommendation. Robinhood U.K. Ltd and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.