Dividends, the more the merrier. While you have no control how much dividends you are going to receive, you can increase your yield by lending out your shares to collect additional interest. This is known as the share lending program. The key benefits for lending out your shares are:
Potentially enhances the yield of your portfolioNo minimum lock-in period, you can sell the stocks you lent anytime you wantNo disruption to trading activitiesHassle free lending arrangements handled by the CDP or your brokerAs a trading representative, I often receive questions about the share lending program, and here are the 5 most common ones:
#1 How Can I Lend Out My Shares?There are two ways that you can lend out your shares. First is to participate in the CDP lending pool. Second is to activate the Share Borrowing and Lending (SBL) account with your stock broker and participate in
...