Hargreaves ISA account earned dividend

snowshine

In Self Select ISA with Hargreaves, the recent dividend earned is not showing up in capital account. 
Dividend has been paid by the company
I am new to Hargreaves.
Can any one shed light?

ColdIron

Hard to say with so little information. What's the investment?

If it's an Acc fund you won't see it paid as it's retained in the fund

Has the ex-date just passed? If so you will need to wait for the payment date

Are your settings set to dividend reinvestment or paid out? If so it will be in your income account

But these are just wild guesses

dunstonh

snowshine said:

In Self Select ISA with Hargreaves, the recent dividend earned is not showing up in capital account. 
Dividend has been paid by the company
I am new to Hargreaves.
Can any one shed light?

Are you using INC units or ACC units?
If INC units, have you selected reinvestment or payment to the cash account or distribution to your bank account?

snowshine

ColdIron said:

Hard to say with so little information. What's the investment?

If it's an Acc fund you won't see it paid as it's retained in the fund

Has the ex-date just passed? If so you will need to wait for the payment date

Are your settings set to dividend reinvestment or paid out? If so it will be in your income account

But these are just wild guesses

It is a self select stock&shares ISA transferred from NatWest in Jan 2021. 
This transfer took over 3 months due to pandemic.
The shares are held from individual UK companies.
One has recently paid dividend.
It is not ex dividend date.
Dividend payment had taken place.
(I don't have any other account with Hargreaves.)

ColdIron

Name the company. What are your Income Instructions (under Account Settings). Automatically reinvested? Held on account? Paid out?

Help us help you

brightandlight

Dividends are not paid directly into the capital account but get paid into the income account. If you go to the income account it should be there and you should have the option to transfer the dividend immediately if you wish

snowshine

brightandlight said:

Dividends are not paid directly into the capital account but get paid into the income account. If you go to the income account it should be there and you should have the option to transfer the dividend immediately if you wish

Oh

That is what I suspect. I am new to Hargreaves. Thank you.
I will have to search in Hargreaves site then.
So I will have to transfer! (That was not the case in NatWest)
I don't want the dividend earned from this investment to be treated as this year's ISA allowance (This dividend earned from an ISA investment) 

snowshine

Dividend received shows in "Income received". I have yet to discover how one go about transferring it to capital account!!

ColdIron

Why so coy? What are your Income Instructions?

Dividends are paid into your Income Account and then your instructions will be applied

cheerfulcat

Hi, snowshine, on your ISA page, click the “Cash” tab. Under that you’ll see another set of tabs - go to “ income and loyalty bonus “. On the right hand side of that section you’ll see a sub-section showing the income account balance. Here you have the option of transferring the income balance to the capital account. When you’ve done the transfer ( should be instant, from memory), click the capital account tab. On the right hand side of that section you’ll see the option of withdrawing money.

Having said all that, you don’t have to withdraw the cash if you don’t need it; dividends generated inside the ISA are not counted toward your annual contribution.
 

xylophone

I don't want the dividend earned from this investment to be treated as this year's ISA allowance (This dividend earned from an ISA investment) 

Interest and dividends accruing within the ISA are not part of the year's ISA allowance.

For example, you have invested £10,000 in the ISA on 6 April 2021.

You received income totalling £500 on the investment.

You can still invest £10,000 before 6 April 2022.