fbpx
The content of the financial promotions on this website has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on these promotions for the purpose of engaging in investment activity may expose an individual to a significant risk of losing all of the property or assets invested.
The content of the financial promotions on this website has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on these promotions for the purpose of engaging in investment activity may expose an individual to a significant risk of losing all of the property or assets invested.
  1. Home
  2. Knowledge Base
  3. Secondary Market
  4. How dividends and income in the Brickowner Secondary Market works

How dividends and income in the Brickowner Secondary Market works

When selling investments on the secondary market, sellers of the investment will keep any income they have made up to the point of the sale. Once the sale has been transacted, the seller is removed from the register against those shares and stops accruing any benefit or interest.  This means that they will not receive any payments once completed.

The next dividend date on the transacted shares will be unchanged and the payment will go to the owner of those shares on that dividend date.

Was this article helpful?
Yes No

Related Articles

Need Support?

Can't find the answer you're looking for?
Contact Support

Welcome to Brickowner

The material on the website is intended exclusively for high net worth investors, sophisticated investors and investment professionals. Only these categories of investor will be permitted to participate in the investment opportunities available on the website. A high net worth investor includes an individual with an annual income of at least £100,000 or net assets (excluding principal residence and pensions) of £250,000. A sophisticated investor includes an individual with relevant previous experience in unlisted investments. For more detailed information about the eligibility criteria, please see here. The content of the website is exempt from the general restriction on unauthorised firms communicating financial promotions. If you are unsure about your categorisation or about investing in unlisted property funds, please consult an appropriately qualified independent financial advisor.

Ok, I understand