Last updated on January 4th, 2022

You’ve just received your first dividend from the stock you own, perhaps from a platform like Tiger Brokers. If you want to make your money grow for you, you may have heard that reinvesting your dividends will further compound your growth. But how do you exactly go about doing that? Here are some of my suggestions that you can consider.

How to reinvest dividends in Singapore

Here are 5 ways you can reinvest your dividends in Singapore: Manually reinvest via a brokerSign up for a dividend reinvestment plan (DRIP)Invest in an accumulating mutual fund or ETFInvest your dividends into a robo-advisor with no minimum sumInvest with a robo-advisorConsider investing in crypto

Manually reinvest via a broker

The most straightforward way for you to reinvest your dividends is by buying the same stock via a broker. For example, you may receive a dividend...