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How can I reinvest my dividends?

Reinvesting dividends is the best way to set and forget while maximising the power of compound interest.

If you have invested using Pearler Shares, those investments may pay dividends*. A number of ETFs heavily weighted on Australian stocks are common examples of dividend-paying stocks.

There are two options to re-invest your AU dividends:

1. If a stock offers a dividend reinvestment plan (DRP), you can sign up for that via the responsible share registry portal. Once you accumulate enough dividends for a whole unit, the re-investment will be made back into the same stock. There are normally no fees to participate in DRPs.

2. If you prefer to have more choice in how your dividends are re-invested, you can use Autoinvest to set up your own Pearler-focused Dividend Reinvestment Plan. This will allow you to customise when, how and what you want invested in. Brokerage fees may apply.

* Please check with the specific shares/ETFs as to the nature of their dividend payments.

help article author
Carmen

13 December 2021

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