.png){kind=small}
What is Divvy Now?
Divvy Now is changing the way shareholders access their dividends. Waiting weeks or months for a dividend payment can be inconvenient and stressful, especially when you need the cash. Divvy Now enables shareholders to receive their dividend entitlement within 24 hours of its announcement*. This means shareholders can receive their dividends much faster than if they waited for the payment date. Divvy Now is currently available on ASX-listed stocks, as well as ETFs, LICs, and hybrids**.
%20(1094%20%C3%97%20650px)%20(1094%20%C3%97%20550px).png)
As featured in
How it works
2
Request advanced dividend payment
Between the day your dividend is declared and the ex date, you can apply for your advanced dividend payment. For a one-off fixed fee of 5%, we will advance your dividend within 24 hours of receiving your application*.
3
Approval and payment
Once your application has been approved, your advanced dividend will be paid into the bank account linked to your share trading account.
Quick and easy to apply
Simply fill out the form below
Get Started
Fill out the form below and we'll be in touch.
Frequently asked questions
Important information
​
Registering your interest via the above registration form does not mean that Divvy Now will provide an Advanced Dividend Payment. Provision of such payment is subject to DIvvy Now approving the application form.
* Timeline refers to business days. Advanced Dividend Payment will be made within 24 hours of receiving an application on any business day, in most circumstances. However, the timing may vary depending on your financial institution. The 5% fee is equal to 5% of your Advanced Dividend Payment.
​
**An ETF is an Exchange Traded Fund and LIC is a Listed Investment Company. Divvy Now will notify you at the time of application if we are unable to make an advanced dividend payment on your particular holding.
​
^ Some ASX-listed companies, such as BHP, announce their dividend in US dollars and do not announce the Australian Dollar Amount until after the record date. Due to the exchange rate risk, in the case of BHP (or similar situations), we will pay the dividend in two tranches. 50% upon request, and the remaining 50% once the Australian Dollar dividend is confirmed. This way we can make any necessary adjustments to ensure you receive your exact entitlement. As soon as the Australian Dollar dividend is confirmed, we will make the adjusted second payment and release our security over your shares.
​
^^ The information on this website is general in nature and does not take into account your objectives, financial situation or needs, and does not constitute an offer to buy or sell any financial products or services. Where necessary, you should consult a professional adviser to assist you in determining whether Divvy Now is suitable for you.