Grow Your Investments with Your Dividends
DRIP – A New Feature from Webull That Automatically Reinvests Your Dividends into the Same Stock or ETF.
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What is DRIP?
DRIP (Dividend Reinvestment Plan) is a simple yet powerful investment strategy that allows investors to automatically reinvest the dividends they receive.
Instead of receiving dividends as cash payouts, DRIP uses those dividends to purchase additional shares of the same stock or ETF—helping you gradually increase your holdings without manual intervention.
Benefits of DRIP
Long-Term Wealth Building
DRIP is ideal for long-term investors aiming for consistent growth without the need to time the market.
Dollar-Cost Averaging
By reinvesting regularly, you smooth out the effects of market volatility.
Compound Growth
Reinvesting your dividends increases the number of shares you own, which can lead to higher future dividends and long-term portfolio growth.
How to Get Started with DRIP on Webull
1. Update your Webull app to the latest version.
2. Go to the “Settings” page and tap on “Manage Brokerage Account”.
3. Select “Dividend Reinvestment Program”.
4. Choose the stocks or ETFs you’d like to automatically reinvest dividends into and confirm your settings.
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Funds for trading must be transferred directly through the account named "Webull Securities (Thailand) Co., Ltd* only. Investment carries risks. Investors should understand the characteristics of the product, the terms of returns, and the risks involved before making an investment decision.
FAQs
1. Is there a fee for DRIP?
2. Can I cancel DRIP?
3. How do I deposit funds for trading?