Asked on 29 Jun 2020
Did some calculations, and it is likely that by the first quarter my dividends would be lesser than USD2.50. Will I just not get the dividends or will they charge me the remaining fees?
Gerald Ong, Full-Time YouTube Educator at www.youtube.com/GeraldOngSL
Updated on 11 Jul 2020
Hey, I had the same question before too!
Short answer You don't get any dividends.
What I was worried (And you might be too)
Scenario: let's say you get a $2 dividend but you're charge min $2.50, do they just charge $2 or do you get charged additional $0.50? Turns out they only charge $2 and absorb the additional costs.
On the bright side, max charge of $25 for dividends though! I called them and asked, their hotline is 6557 2853 if you wanna double-check. If you found this helpful, please show some love to my personal finance youtube channel as a dividend for lending you a hand ;) Stay safe!