Corporate actions for stocks and ETFs

Corporate actions are when a company you invest in changes its structure — like paying a dividend or splitting its shares — and are referred to as ‘corporate events’ in the N26 app. Here is how N26 handles these events to keep your portfolio up to date.

We support mandatory corporate actions. These are events decided by the company that apply to all shareholders automatically. We categorize them into two types:

• Mandatory (non-choosable): You are simply informed of the change. Examples include standard cash dividends or stock splits.
• Mandatory (choosable): You are informed and may need to choose between available options. If you don’t react by the deadline, the company’s default option is applied.

N26 only informs you about mandatory events for assets you currently hold. Voluntary corporate actions are not supported.

If a corporate action affects your assets, you’ll receive:

• A notification in your N26 app
• A detailed message in your ‘Messages from N26’ folder

Sometimes a company or an exchange decides to stop trading a specific stock or ETF. This delisting is a type of corporate action.

If this happens to an asset you’re holding, your position will be settled based on the specific terms of the event. This could mean you get a cash payment or your shares are converted into a different asset. Your portfolio will update automatically once the process is finished.

Dividends are payments made by a company to its shareholders. To be eligible, you must hold the asset on the record date — usually one business day after the ex-dividend date. The payment date is when the dividend is officially paid.

You can see payment dates in the Investments tab in your N26 app, but record and ex-dividend dates are not displayed. You can find the ex-dividend date on a company's website or by searching for the stock’s ISIN on trusted financial news and information websites.

You’ll receive a notification as soon as a dividend is credited to your main account.

If the dividend is paid in a foreign currency, it may take up to 3 business days after the payment date to reach your account.

Taxation depends on the country of the issuer and your own tax residency. For most countries, tax rules differ and you may need to declare this income yourself.

N26 doesn’t provide personal tax advice. Please get in touch with a local tax advisor for individual questions.

If you suspect a dividend payment is missing, please check the following:

• Your holdings: Confirm you held the asset on the record date and didn’t sell before the ex-dividend date
• The payment date: Check the date shown in the Investment tab of your app
• Currency processing: Allow up to 3 extra business days for foreign currency payments
• Transaction history: Look for an incoming transaction in your main account that matches the expected amount.



A stock split increases your share count, while lowering the price per share. Your total investment value remains the same.

Here’s an example: If you hold 1 share worth €100 and a 2-for-1 split occurs, you'll then hold 2 shares worth €50 each.

In the case of a stock split, no action is required from you. Your app will update the price and share count automatically.

You may be able to vote at Annual General Meetings (AGMs) for certain stocks.

• How to vote: Voting isn't done directly in the app. Use the specific links and instructions provided in your ‘Messages from N26’.
• Fees: Submitting a vote costs €10, and ordering entry cards for an AGM costs €80. These fees are paid via sell-to-cover, where a tiny portion of your position is automatically sold to cover the cost.

A control number is a unique identifier that proves you are the shareholder when you vote. You can find this number in the shareholder communications you receive, such as proxy voting forms or AGM invitations or instructions.

For more general information, please read our article How stocks and ETFs work at N26.