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  5. XEI: I'm noticing that my xei dividend which is supposed to be paid out July 31 is not in my account yet (I'm with cibc). [iShares S&P/TSX Composite High Dividend Index ETF]
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Q: I'm noticing that my xei dividend which is supposed to be paid out July 31 is not in my account yet (I'm with cibc).

I expected to see it today Aug 1. Not yet. What is the usual wait for everyone for their dividend to be paid in relation to the posted pay date?

Thanks
Asked by Mark on August 02, 2023
5i Research Answer:

Dividends are usually posted same day as payment (at least by day's end). But they can take more than 48 hours at times. If delayed, they are backdated, however, so no harm no foul. 

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