This might seem a bit pedantic but I find it interesting anyway. I have been participating in the ANZ DRP and if around the Div date the SP is high I sometimes withdraw and opt for the cash & re apply when the SP is low. I re applied before the last Div, thinking I had $21 residual brought forward from last time only to find that once I withdrew it went to charity and I had zero residual. Now I have no problem donating to charity, & I do. Apparently our Banks are very trustworthy but I'd still like the option to choose my own charity. Then I checked my WES account and found $40 gone as well as some others. Overall a couple of hundred $ disappeared. It's something I didn't think to check on until recently.
Not all companies choose to do this as my balance carried forward really did carry forward on some, but I am careful to read the Terms & Conditions from now on. Now I know in the whole scheme of things it's not a lot of money but imagine if somebody had Blackmores, COH, CBA and DMP, all between $70 and $120. That could add up to a bit residual cash gone every time you switch. Just something to think about.
- Forums
- ASX - By Stock
- DRP residual ?
This might seem a bit pedantic but I find it interesting anyway....
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ANZ (ASX) to my watchlist
|
|||||
Last
$30.40 |
Change
0.360(1.20%) |
Mkt cap ! $90.90B |
Open | High | Low | Value | Volume |
$30.20 | $30.40 | $30.09 | $390.0M | 12.85M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 663 | $30.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.40 | 4747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32 | 30.220 |
1 | 1000 | 30.180 |
1 | 1000 | 30.150 |
1 | 1000 | 30.070 |
1 | 422 | 30.040 |
Price($) | Vol. | No. |
---|---|---|
30.420 | 2600 | 1 |
30.430 | 1500 | 2 |
30.440 | 2820 | 3 |
30.450 | 4165 | 3 |
30.460 | 1592 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
ANZ (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online