Anonymous

13 Aug 2020

∙

DCA and dividend reinvesting on IBKR?

How does DCA and dividend reinvestment work on IBKR I’ve been looking through the app but not sure if there was an option regarding it and curious about it.

Interactive Brokers

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Aidan Neo

13 Aug 2020

Financial Services Consultant at Manulife Financial Advisers

For DCA, you have to do manually. They don't have any RSP sort option for you.

Dividend Reinvestment is available to IB LLC, IB CAN and IB UK clients only.

https://www.interactivebrokers.com/en/software/...

If you are concerned about the dividend reinvestment for ETF, you can consider accumulating ETF instead.

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My objective is to get stable dividends and reinvest into these ETF. Planning to DCA $1000 monthly for about 5 yrs to 10 yrs into ES3, IVV, VT and 3067. How to apportion the $1000 monthly?

Does IVV, VEA and VWO reinvest their dividends? How do I check if the dividends are distributed or reinvested in the factsheet?

How do I know if the share i brought allows for Dividend Reinvestment Plan (DRIP) and where can I actually find the info? Is it recommended to reinvest dividends?

Does STI ETF pays dividend every year if I were to buy using RSP or are the dividends reinvested automatically every year?

Is it a better idea to reinvest my dividends or save/spend the dividends?

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My objective is to get stable dividends and reinvest into these ETF. Planning to DCA $1000 monthly for about 5 yrs to 10 yrs into ES3, IVV, VT and 3067. How to apportion the $1000 monthly?

Does IVV, VEA and VWO reinvest their dividends? How do I check if the dividends are distributed or reinvested in the factsheet?

How do I know if the share i brought allows for Dividend Reinvestment Plan (DRIP) and where can I actually find the info? Is it recommended to reinvest dividends?

Does STI ETF pays dividend every year if I were to buy using RSP or are the dividends reinvested automatically every year?

Is it a better idea to reinvest my dividends or save/spend the dividends?