Automatic booking of dividend payoutsThe dividend payouts of a fund are automatically booked by the system virtually on the Ex-day. The Ex-day is the day, on which the course of ETFs was cleaned out for the dividend payout. The actual dividend payout to a real account takes place at a later point of time.
Process Dividend payoutYou can change the automatically booked dividend payouts at any time. Thus you can align the value of the dividend payout or the accrued tax at any point of time.
Click on “X” in order to reset the dividend payout manually aligned by you again to the automatic mode.
Save Tax rate for Dividend payoutsA default tax rate of 26.375% is saved for every portfolio. The saved tax rate is automatically considered in the booking of dividend payouts.
Portfolio overview > Actions > Settings
You can adjust the tax rate at any time under portfolio settings. Set the tax rate on 0% when you want to view your repository without tax consideration. All dividend payouts are calculated again with the new tax rate with each change in the tax rate.