Many stocks give out dividends and it is what many investors like about investing.
Often, dividends are listed in the currency that the stock is traded in. However, there are many exceptions to that, especially for foreign-listed companies. For example,
United Overseas Australia Limited is traded in SGD but states its dividends in AUD.
In StocksCafe, I wrongly assumed that you would receive the dividends in the listed currency as it is not likely to be true. It would depend on your trading platform and based on my experience, it is often given in the exchange’s default currency. Hence over the weekend, I made changes to StocksCafe to better handle these situations.
Collect Dividends in Exchange’s Default Currency – You can now state whether you prefer to receive dividends in …