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Glossary

Dividend

A distribution of a portion of a company's earnings to its shareholders, usually in the form of cash or additional shares.

Dividend News

Meritsoft launches new asset servicing solution

The launch of the tool comes after the company’s introduction of their post-trade automation platform in October 2023 and their settlement solution in May

NeoXam partners with ULTUMUS

The collaboration will integrate ULTUMUS’ global ETF data within NeoXam’s DataHub platform.

Nomura ETF listings approved by Tokyo Stock Exchange

The Tokyo Stock Exchange has granted Nomura Asset Management approval to list Japan’s first actively managed exchange traded funds

Apex selected to service new Hamilton12 fund

Investment strategies provider Hamilton12 has selected Apex to service its Australian Shares Income Fund, which launches this month

Industry
DTCC’s MF Info Xchange service sees significant increase in distributed event notifications in 2022

DTCC has reported that its MF Info Xchange service saw a 55 per cent growth in distributed event notifications between 2021 and 2022

Industry
DTCC launches new tax service

The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date

CACEIS picks Taurus’ solution to enhance digital asset offering

CACEIS has selected Taurus’ solution to enhance its digital asset offering with services that meet clients’ growing demand

European Commission launches consultation to improve WHT refund procedures for cross-border investors

The consultation, which extends until 24 June, aims to strengthen controls to prevent cum-ex fraud and to digitalise procedures for WHT reclamation

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