Are there any circumstances when you won’t reinvest my dividend?

To use the dividend reinvestment service, the dividend received by you must be £10. The dividend must also be sufficient to buy at least one share in the company. We’ll only reinvest in whole numbers of shares, meaning that you may be left with small amounts of cash which will not be carried forward to the next reinvestment.

Our account charges are deducted monthly from the cash in your SIPP, ISAs or Dealing account. If your account has insufficient cash, we’ll deduct the charge, making your account overdrawn. This may mean that future dividends will not be reinvested as the overdrawn position will be cleared before any reinvestment takes place.

If we receive an instruction to transfer your account, all dividend reinvestment elections will be cancelled so no additional shares are purchased during the transfer process. Cash received for dividends during this period remains as cash in your account until transferred.