A 'share registry' is an organisation which, on behalf of a company, manages the registry of shareholders for that company. The registry has the following responsibilities:
- Recording changes in share ownership
- Issuing shareholding statements
- Manages dividend payments, bonuses and rights issues.
You will need to visit the website of the share registry and make an account, in order to instruct them on what you want to be done with dividends, as well as other corporate actions. Brokers, such as SelfWealth, do not manage this for you.
Examples of share registry companies in Australia include Computershare, BoardRoom Limited, Link Market Services and Automic.
To find the share registry for a particular company go to:
www.asx.com.au > Markets > Prices and Research > Company Directory > ASX website > www.asx.com.au > Markets > Prices and research > Company Directory> enter stock code in Search for a company by code or name bar > select the company, once the page has been returned, scroll to the bottom of the page.