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Been reading a book about investing and the author mentions that DRIP is a powerful way to invest. How can I go about doing DRIP in Singapore- can anyone with experience share?
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Fan ZD
19 Jul 2019
Employee at A Bank
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Certain dividend stocks allow you to reinvest the dividends into shares (I remember I had ESR REIT asking me to opt-in for that or remain status quo i.e. dividends in cash). For a complete list you would have to dig in and do some research, or perhaps email blast the investment relations department for all the Singapore dividend stocks on SGX. I don't see any such list online for Singapore stocks.
Alternatively, you can invest in overseas markets, in my mind it would be easier to get existing lists for DRIP investing.