Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Overview of Dividend Clerk Job Description

Job Descriptions February 14, 2014

A dividend clerk usually works for a stock broker or brokerage, and can work for banks and financial institutions that handle investments for their clients.

The position of dividend clerk requires a high level of discretion and respect for the privacy of the organization’s clients. The legal aspects of a dividend clerk’s responsibilities are usually explained during a formal training period, but the development of a feeling of respect for the financial well being of the organization’s clients and an understanding of the necessity for timely and accurate attention to detail is imperative for an individual’s success.

A dividend clerk must have proficient typing skills, be familiar with data entry in computers, have some familiarity with the common spreadsheet and word processing programs for computer, and have a basic acquaintance with stock transactions.

A basic understanding of filing systems (manual and computerized) is needed for the position. A competency with basic business communications and good language skills (spelling, punctuation, and grammar) are a necessity for the position. Operational knowledge of basic office equipment is essential.

A familiarity with basic accounting practices is a must for a dividend clerk. Training can be acquired in-house or college level accounting courses may be required.

An entry-level dividend clerk position does not require a degree, but may require certification or testing in typing skills and computer skills. Training with company specific computer programs is usually provided, as well as training in stock dividend transactions and company specific record keeping.

Communication skills are important for a successful dividend clerk. Frequent communication with clients and people at all levels of the organization is routine. A dividend clerk should be able to communicate accurately and understand priorities. A key aspect of the position is interaction with clients as a direct representative of the company and discreet effective communication is vital to the company’s image and reputation.

Daily activities include recording stock transactions, filing, preparing and transmitting dividend funds and statements to clients, recording purchases and sales, mailing security certificates, and completing transaction requests from clients.

Dividend clerks can also be required to follow the performance of a particular security, a set of securities, or a particular sector and make timely reports of changes to their manager or to brokers. This function is a primary influence on the organization’s financial success.

Communication is a key aspect of the dividend clerk’s daily function. A dividend clerk is often the major source of direct information that the client receives from the company on a routine basis. Courteous, prompt, and accurate communication is expected as a representative of the organization.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • View Associates, Bachelors or Graduate Degree Programs in Business Near YOU!
  • Enter YOUR Needs and Requirements. Get Matched to the Perfect Campus or Online Degree Programs for You.
  • Free information for Business Administration and Management, Accounting, Marketing and Advertising, Business Information Systems Degree Programs and MORE.
  • Accredited, Flexible Business Administration and Management Degree Programs to Fit Your Time and Budget. Use our Matching Service - It's Easy and FREE!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!