I trade stocks on Just2Trade. It works something like this: The stock pays a dividend and that dividend is converted in more stocks at the market price at the day after the dividends are paid. For the partial shares I think it works that way that J2T (or their clearing house) buys that one last share that's needed to do the partials between the eligible stockholders and if there is a "leftover" they keep it until the next round.
I'm sure there's more involved behind the scenes, but that is how I see it working in my account.
Topic: GLBSE dividend payout address(es)? (Read 1023 times)
Because it would help with dividend reinvestment. If I understand correctly now I have to go and look for and add up security X dividends, then security A dividends and manually reinvest them.
It'd be easier to have a wallet for each, if you understand what I mean. Just reinvestment the amount that is available in the respective wallet.
Of course easiest would be if the whole process could be automated. And the cherry on top would be if partial share buys via dividend reinvestment would be possible.
It works in the "real world", don't see a reason why not with BTC.
It'd be easier to have a wallet for each, if you understand what I mean. Just reinvestment the amount that is available in the respective wallet.
Of course easiest would be if the whole process could be automated. And the cherry on top would be if partial share buys via dividend reinvestment would be possible.
It works in the "real world", don't see a reason why not with BTC.
Are fractional shares a real thing?
To do auto buys you would want to go to the order book no matter what? It's often pretty thin.
Because it would help with dividend reinvestment. If I understand correctly now I have to go and look for and add up security X dividends, then security A dividends and manually reinvest them.
It'd be easier to have a wallet for each, if you understand what I mean. Just reinvestment the amount that is available in the respective wallet.
Of course easiest would be if the whole process could be automated. And the cherry on top would be if partial share buys via dividend reinvestment would be possible.
It works in the "real world", don't see a reason why not with BTC.
It'd be easier to have a wallet for each, if you understand what I mean. Just reinvestment the amount that is available in the respective wallet.
Of course easiest would be if the whole process could be automated. And the cherry on top would be if partial share buys via dividend reinvestment would be possible.
It works in the "real world", don't see a reason why not with BTC.
Why?
You can see how much each payment was and from what share/bond it came.
You can see how much each payment was and from what share/bond it came.
Thank you!
Hopefully different wallets can be implemented. Would make it easier.
Hopefully different wallets can be implemented. Would make it easier.
Each dividend will be listed separately but paid into the same single GLBSE wallet you have.
If you hold several assets, can you set up an address for dividends payments for each of them?
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