Are stock divdends or cash dividends better? Which should I choose? - Seedly
 

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Asked by Anonymous

Asked on 25 May 2019

Are stock divdends or cash dividends better? Which should I choose?

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Ericsson Ting
Ericsson Ting
Level 3. Wonderkid
Answered on 27 May 2019

Cash dividend definitely,with cash you will have the flexibility to spend or reinvest the amount,plus it is shiok ti see money coming into your account without "working"

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 6. Master
Answered on 27 May 2019

Cash dividends, unless you intend to hold the stock forever and pass it down as a heirloom. Odd lots can be sold via your broker (not brokerage platform) and comm is S$40 a pop

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I agree with Gabriel. I think that cash dividend is better than stock as right now I'm stuck with some odd lots and I do not know how do I dispose off it.

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Gabriel Tham
Gabriel Tham, Kenichi Tag Team Member at Tag Team
Level 8. Wizard
Updated on 07 Jun 2019

I would choose cash. Because I want to avoid the odd lots for my stocks most of the time. However, if the scrip dividend is given at a very good discount, I opt for it.

Odd lots are hard to sell in the market.

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Siow Nan
Siow Nan

on 28 May 2019

Chose scrips for my srs Long term investments and main cash for my cash investments. No right or wrong. Might be costlier to get broker to sell off odd lots but you do also save on “reinvestment” fees if u opt for cash then invest in again.