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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!!
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Tan Choong Hwee
24 Apr 2021
Investor/Trader at Home
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This is what I can find about DRIP using IBKR:
https://ibkr.info/article/2730
DRIP not available for IBKR SG.