Shareholder Account
Shareholder account
As your investment in Banco Sabadell shares earns you profits, your account reinvests the dividends. With Shareholder Account you can make the very most of your investment and increase your Banco Sabadell share portfolio in an easy and convenient way.
An exclusive account for shareholders. Providing you wish to do so, and each time you receive Banco Sabadell share dividends, Shareholder Account will automatically reinvest the amount in new Banco Sabadell shares, at no expense and without any fee.
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Characteristics
Return: The amount of the dividends deposited in the Shareholder Account shall receive a nominal interest rate of 6,73% (7% APR) during the first fifteen calendar days as from the deposit. As from that moment the return will be the nominal annual interest rate of 0,9826% (1% APR).
Interest paid quarterly.
Expenses and fees :
- for maintenance: exempt.
- for buying shares: exempt.
- for administration expenses and custody: exempt.
RBE nº 2713/09
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- Taxation
1. Residents
Interest generated is considered a return on capital assets and is included in the savings income, taxed at a fixed rate of 21% .
2. Non-residents in SpainFor accounts of non-resident, duly accredited, no withholding is carried out generated interest, which is exempt from tax payment in Spain.
In the event of not accrediting said residence, an 21% withholding will be applied.