Dividend

Dividends are most commonly distributed in cash, though they can also be issued as additional shares. Fractional shareholders receive a proportional share of the dividend based on their ownership stake.

Add Dividend

{
  "id": "event_2a9a8f7e-117b-4253-9107-2bd52166da72",
  "type": "transactions.created",
  "timestamp": "2025-05-21T05:20:10.598746110Z",
  "payload": {
    "accountID": "f91172d9-fb51-4a44-835b-f3c38c1071ed.1669023853972",
    "accountNo": "CNIR000134",
    "userID": "f91172d9-fb51-4a44-835b-f3c38c1071ed",
    "transaction": {
      "accountAmount": 0.09,
      "accountBalance": 0.36,
      "comment": "PSEC dividend, $0.045/share",
      "finTranID": "ME.3a4701a7-7ecb-43b5-8cdb-222cb9e159b0",
      "wlpFinTranTypeID": "634b0d38-37c0-478a-b677-1513cb9fcf88",
      "finTranTypeID": "DIV",
      "feeSec": 0,
      "feeTaf": 0,
      "feeBase": 0,
      "feeXtraShares": 0,
      "feeExchange": 0,
      "instrument": {
        "id": "23c816e0-0402-40da-bc4e-23837db95932",
        "symbol": "PSEC",
        "name": "Prospect Capital Corporation"
      },
      "dividend": {
        "type": "CASH",
        "amountPerShare": 0.045,
        "taxCode": "FULLY_TAXABLE"
      }
    }
  }
}

Assess Tax Withholding (Non-US Taxpayer Only)

Non-U.S. taxpayers are subject to withholding tax in accordance with their respective tax treaty rates.

{
  "id": "event_f3318ccb-f96e-4363-ae03-c262b0971c28",
  "type": "transactions.created",
  "timestamp": "2025-05-21T05:19:57.820883521Z",
  "payload": {
    "accountID": "f91172d9-fb51-4a44-835b-f3c38c1071ed.1669023853972",
    "accountNo": "CNIR000134",
    "userID": "f91172d9-fb51-4a44-835b-f3c38c1071ed",
    "transaction": {
      "accountAmount": -0.03,
      "accountBalance": 0.27,
      "comment": "PSEC tax, 30% withheld",
      "finTranID": "ME.de9a9b71-4a67-4184-8c8c-044497d2088f",
      "wlpFinTranTypeID": "8b0a30a1-a41e-4d7a-aca5-5d8b8c1766d4",
      "finTranTypeID": "DIVTAX",
      "feeSec": 0,
      "feeTaf": 0,
      "feeBase": 0,
      "feeXtraShares": 0,
      "feeExchange": 0,
      "instrument": {
        "id": "23c816e0-0402-40da-bc4e-23837db95932",
        "symbol": "PSEC",
        "name": "Prospect Capital Corporation"
      },
      "dividendTax": {
        "type": "NON_RESIDENT_ALIEN",
        "rate": 0.3
      }
    }
  }
}

Stock Dividend

Stock dividends are processed as buy orders that increase the quantity of a position.

{
  "id": "event_1cee6b59-5016-497d-8f9c-4f5b7de14a72",
  "type": "orders.completed",
  "timestamp": "2025-05-20T05:21:41.719752784Z",
  "payload": {
    "id": "ME.d3a190e5-ea79-442b-bcd6-a1b46bf658a3",
    "orderNo": "MIIA093647",
    "type": "MARKET",
    "side": "BUY",
    "status": "FILLED",
    "symbol": "SCCO",
    "averagePrice": 0,
    "averagePriceRaw": 0,
    "totalOrderAmount": 0,
    "cumulativeQuantity": 0.00093752,
    "quantity": 0.00093752,
    "fees": 0,
    "orderNotes": "INTE STOCK movement / adjustment    tradeSidenull  accno=CINH012212  qty1=9.3752E-4  price=0.0  grossAmt=0.0  INTE#=3535056429.000000  symbol=SCCO  INTEStatus=R  descr=DIV:SCCO(0.0099/sh):TAXCD:R  ACATSind=",
    "createdBy": "32003732-5197-4543-ba0d-bb13eb83a335",
    "userID": "31103732-5397-4543-ba0d-bb13eb83a335",
    "accountID": "31103732-5397-4543-ba0d-bb13eb83a335.1611068881915",
    "accountNo": "CINH012212",
    "created": "2025-05-20T05:21:41.587Z",
    "lastExecuted": "2025-05-20T05:21:41.587Z",
    "extendedHours": false,
    "preventQueuing": false,
    "lastPrice": 0,
    "lastShares": 0.00093752,
    "lastMarket": "mpid"
  }
}