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.

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, Marketing, and more.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Online Courses
  • 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
  • Programs include Entertainment Business(BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students explore concepts like marketing, global media management, and business technology and design
  • Online Courses
  • Alumni have appeared in reality competition shows such as Top Chef and Project Runway
  • Design, media arts, fashion, and culinary programs available, with over 50 locations nationwide
  • Designated Program Coordinators focus on improving program content and ensure that students have the resources needed to learn
  • Start your journey! Classes starting Aug 17.
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!