What are corporate actions accruals?

Corporate action accruals represent cash distribution amounts from corporate events that have reached their ex-date but have not yet reached the pay date. Until the pay date, the amount appears as a corporate action unrealised amount. Once the pay date arrives, the accrual is realised and reflected under Cash, removing it from the unrealised category.

Key Considerations

• The accrual amount may be amended or cancelled if the corporate action terms change before the pay date.

• If an election is made for stock distribution, a cash equivalent will be displayed until the pay date, when the stock is credited and the accrual disappears.

• All amounts are reflected net of taxation.

Which Corporate Action Events Have Accrual Amounts?

Corporate action accruals apply to the following event types:

• Cash Dividends

• Dividend Reinvestment

• Dividend Options

• Decrease in Value

• Capital Gains Distributions

• Share Premium Dividends

• Interest Payment

• Distribution on Non-Eligible Proceeds

• Capital Distribution

This ensures that shareholders can track pending payments before they are officially credited.

‍