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Dividends

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Frequent Contributor

Dividends

How and where do I specify that I want my dividends to be reinvested and not paid out in cash.
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6 REPLIES
N/A

Re:Dividends

Go to My account then under My details/Preference
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Vince
Contributor

Re:Dividends

What's the benefits of having it reinvested?
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Regular Contributor

Re:Dividends

DWT is Exempt and it can lower your average cost
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Vince
Contributor

Re:Dividends

Sweet, thanks Vince888, changing mine right now!!
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Valued Contributor

Re:Dividends

but only if the co offers the option of script and you save on DWT but it lowers your cost price (free shares) so more tax on exit ..
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Super Contributor

Re:Dividends

Does this work for the TFSA account as well, where you can re-invest the dividends
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