Dividend payouts

Automatic booking of dividends

The dividend payouts of a fund are automatically booked by the system virtually on the ex-dividend day. The ex-dividend day is the day, on which the ETF quote is adjusted for the dividend payout. The actual dividend payout to the investor takes place at the payment date which is at later point of time.

justETF: Automatic booking of dividend payouts
 

Edit dividends

You can change the automatically booked dividends at any time. Thus you can change the value of the dividend payout or the accrued tax if needed.
  justETF: Edit dividend transactions
Click on delete   in order to reset the manually updated dividend payout back to the automatic mode.
  justETF: Dividend transactions
 

Save tax rate for dividend payouts

A default tax rate of 26.375% is saved for every portfolio. The saved tax rate is automatically considered in the booking of dividend payouts.
 
For portfolio settings:
Portfolio overview > Actions > Settings
You can adjust the tax rate at any time under portfolio settings. Set the tax rate to 0%, if you want to view your portfolio without tax consideration. All dividends are recalculated with the new tax rate.
 
 

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