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Equiniti dividends - how long?
samba
Posts: 418 Forumite
Does anyone know how long it takes Equiniti to send the dividends cheque out after they have been paid?
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Comments
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You might find Equiniti are the best people to ask that question of
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The cheques are posted either on the day they are paid - sometimes to arrive on that day0
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Usually, they are posted the day before they are paid at the latest, 1st class. If they are posted on the day they are paid, they're falling behind.
All that info (when the cheques are sent) will go to the companies for their MI also. Companies who get unhappy change registrar.
Technically speaking, it can be up to 10 days but then they fall foul of SLA's and companies don't like that. I think that's being reduced down to 5 days soon.0 -
Thanks for the replies - having spoken to Equiniti and they said 10 days as fozzeh indicated, at which point they will reissue the cheque.
I suppose they have to give the postman a chance to arrange some fake ID to open an account in the correct name.0
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