Anonymous
Change in tiers for Syfe to opt for dividend payouts
Hi, i understand that only the black and above tiers can opt for quarterly dividend payouts. Should I decide to join as a blue tier first, does it mean that if I increase my funds to 20k over the next few months, I can qualify for black tier subsequently and opt for dividend payouts? Thanks!
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Tan Choong Hwee
26 Apr 2021
Solutions Specialist at Providend
Yes, your understanding is correct for Syfe REIT+ portfolio according to this Q&A:
https://help.syfe.com/hc/en-us/articles/3600564...
But even if you haven't reached Black tier, you can manually withdraw certain amount by liquidating your holdings, simulating a regular dividend payouts.
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Yes you may. Their quarterly payouts are in Jan, April, July and Oct. In any case, you can withdraw your dividends any time. Partial withdrawals are allowed.