What happens when my REIT issues dividend? Does it get pay out directly via my brokerage (DBS Vickers)? - Seedly
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Anonymous

Asked on 27 Jul 2020

What happens when my REIT issues dividend? Does it get pay out directly via my brokerage (DBS Vickers)?

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Tan Wei Ming
Tan Wei Ming, Writer at Frugal Youth Invests
Level 7. Grand Master
Answered on 27 Jul 2020

As DBS Vickers send the shares to CDP, you will receive the dividends in your designated bank account if you opt for Direct Crediting Service.

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ūüĎć
1
Question Poster

27 Jul 2020

Thanks for your answer! How can I check if I have opted for the Direct Crediting Service?
Tan Wei Ming
Tan Wei Ming

27 Jul 2020

Go to CDP portal
Thank You!
Can you clarify
I wonder if
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