If you own a stock that pays a dividend, it will generally be paid out quarterly (some pay semi-annually). The cash dividend will get deposited into your account within 2-3 business days after the official payment date.
If you own shares of that stock in more than one place — for example, some directly in your account and some inside a Smartfolio, or split across multiple Smartfolios — your dividend is automatically divided between those places based on how many shares of that stock you hold in each. For example, if you own 100 shares total and 60 of them are inside a Smartfolio, that Smartfolio receives 60% of the dividend as cash, and the remaining 40% goes to your account's general cash balance.
To confirm a dividend has arrived, log into your iFlip app and select 'Activity' from the main menu. Dividend payments show up labeled 'Dividend,' followed by the date it was paid and the amount. Tap the line item to see which stock the dividend was paid from — and which Smartfolio, if it landed in one.
Note: Dividend cash that lands inside a Smartfolio becomes part of that Smartfolio's overall cash and is managed automatically by the Smartfolio's AI going forward, just like any other cash it holds. Dividend cash that lands in your account's general balance (outside a Smartfolio) is not automatically reinvested — you can choose to put it to work manually.