Post Dividends to Share Sub-Account
These steps explain how to pay dividends earned by a specific share sub-account.
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These steps can be used in cases where a member wishes a dividend to be paid on demand or when an account is being closed.
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If you wish to close the account after completing the steps below, follow the steps to close a sub-account.
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Launch Tool #22 Close Memberships/Accounts.
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Place a “1” beside Post dividends to a single account.
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Click the forward arrow.
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Leave the selection at Shares on the Demand Dividend Processing pop-up.
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Click the forward arrow.
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Enter the account number and suffix, along with the name ID, on the Share Type of Account Demand Dividend pop-up.
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Click the forward arrow.
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Enter the amount of accrued dividends in the Pay dividend of field on the Share Type of Account Demand Dividend screen.
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Click the forward arrow.