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Alanbull OP : Has anyone tried dividend reinvestment (DRIP) via MooMoo. I am trying to ascertain
1) if with-holding tax was deducted before dividend
2) what happens to the excess (small dollars) not used - since we cannot be buying fully the exact amount of shares with the dividend paid
3) are there additional transactions fees/tax from the DRIP
Appreciate any advise!
Moomoo Lily Alanbull OP : Hi mooer, currently, dividend reinvent is not supported in moomoo.
Alanbull OP : Thank you. For US dividend received in Singapore, I presumed this is subject to 30% withholding tax?