facebookDividend Reinvestment platforms/methods in Singapore - Seedly

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James Gan

Undergraduate at University

24 Apr 2021

βˆ™

General Investing

Dividend Reinvestment platforms/methods in Singapore

Hi everyone,

I'm 1 year into investing using Interactive Brokers. Recently was looking into automating some of my investment process, one such area was to automatically reinvest dividends.

I was looking online for solutions, and found the term DRIP used a lot. However, I could not find a DRIP solution for Singapore IBKR or a brokerage account that has DRIP for Singapore Brokerage account buying US ETFs and stocks.

I would like to know if anyone knows a feature in IBKR or other brokerage accounts that can perform dividends reinvestment for US ETFs and stocks.

Thanks in advance and have a good weekend ahead!!

Discussion (3)

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Tan Choong Hwee

24 Apr 2021

Investor/Trader at Home

This is what I can find about DRIP using IBKR:

https://ibkr.info/article/2730

DRIP not available for IBKR SG.

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