Compute, record, and pay dividends to customers of brokerage firm.
What does a Dividend Clerk do?
Computes, records, and pays dividends to customers of brokerage firm: Reviews stock records and reports to determine customer stock ownership on record date. Totals stock owned by customers and computes dividends due, using calculator. Records dividends due, and enters information into customer accounts, using computer. Reviews customer accounts to obtain dividend payment instructions, and pays dividends and interest due to customers. Solves dividend related problems with customer accounts, applying knowledge of policies and procedures concerning payment of dividends and interest. May perform other clerical tasks such as filing, typing, and operating office machines.