This helps you understand why you may see “future” dividends in Navexa before the cash hits your account.
Dividend dates in Navexa
Dividends typically have three key dates:
Announcement date
When the company/ETF declares the dividend (amount + key dates). Navexa may display the dividend from this point.
Ex-dividend date (Ex date)
The date your entitlement is determined. If you hold the shares at the ex-date, you’re entitled to the payment.
Payment date (Date paid)
When the cash is paid (or reinvested if DRP is enabled).
Why a dividend can show up “early” in Navexa
Announced dividends can appear before the ex-date
If a dividend has been declared, Navexa can show it in the Income tab before the ex-date as an upcoming dividend.
If you sell before the ex-date, you generally won’t be entitled to that dividend — so the upcoming dividend may be removed or adjusted.
Income Return updates based on the ex-date
Navexa uses the ex-dividend date to determine when dividend income is “earned” for Income Return performance reporting.
That means you may see Income Return increase before the payment date, because the entitlement is established at the ex-date, even though the cash arrives later.
Confirming the payment
When the payment date arrives and you receive the cash (or shares via DRP), click Confirm (or Confirm All) in the Income tab.
Confirming doesn’t change your totals; it just marks the dividend as paid/locked so it won’t keep changing in the background.
Why Navexa uses the ex-date
Using the ex-date keeps performance reporting consistent with when you became entitled to the dividend (instead of waiting for cash settlement later).