Dividend Reinvestment Plan: Learn How to Make Your Money Work Harder

At the end of each financial year, ETFs often pay dividends.

Enrolling in a Dividend Reinvestment Plan (DRP) provides a hassle-free way of increasing your investment over time, without incurring additional brokerage costs. You can automatically reinvest your dividend to receive additional units in the ETF rather than a cash payment.

Those wishing to reinvest their dividends are required to sign up to the DRP on Computershare’s website. Below is a step-by-step guide.

Those wanting more information can always call us on (02) 8311 3488.

Step 1: Visit https://www.computershare.com/au

Step 2: Select “Login to Investor Centre”

Step 3: Select "Login"

Step 4: Enter your User ID

Step 5: Answer the security question

Step 6: Enter your password

Step 7: Select "Yes" or "No" to account security preferences

Step 8: Select "My Profile"

Step 9: Then, select "Reinvestment Plans" from the menu

Step 10: Click "Apply"

Step 11: Choose the participation option and tick the agreement box

Step 12: Select "Confirm"