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How does a dividend reach your brokerage account? KDPW plays a key role
Dividend payments do not go directly from a listed company to individual investors — the money first flows to the National Securities Depository (KDPW), which then distributes it to brokerage houses, who credit individual accounts. This multi-step process ensures uniform and secure settlement of payouts at scale. The system is why payments may appear on accounts with a slight delay after the official record date.
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