Good question @mrsam1999 . It is your choice, whichever way you want to set it up. If you need income for your regular expenses, or if you are in retirement, needing income, you can collect cash. If you plan to grow your account, you can set it up as Dividend Reinvestment Plan (DRIP) if your brokerage platform allows. A Dividend Reinvestment Plan, or DRIP, is the process of automatically reinvesting dividends into additional whole and fractional shares of a company's stock. You have to set this up through your brokerage platform or firm. Hope this helps. Happy Investing!
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Will I get dividend as cash or as more units in these 2 ETFs ?
Good question @mrsam1999 . It is your choice, whichever way you want to set it up. If you need income for your regular expenses, or if you are in retirement, needing income, you can collect cash. If you plan to grow your account, you can set it up as Dividend Reinvestment Plan (DRIP) if your brokerage platform allows. A Dividend Reinvestment Plan, or DRIP, is the process of automatically reinvesting dividends into additional whole and fractional shares of a company's stock. You have to set this up through your brokerage platform or firm. Hope this helps. Happy Investing!