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How do dividends work?

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When you own dividend-paying international stocks:

  • Dividends are automatically collected when issued

  • Foreign currency dividends are automatically converted and credited to your account in SGD.

  • The net amount is credited directly to your IG Markets account

  • Any applicable withholding taxes are deducted at source (e.g., 30% for US stocks unless reduced by tax treaties)

  • Dividend payments are clearly shown in your transaction history

You don't need to take any action to receive dividends - they're processed automatically and you'll be notified when they're credited to your account.

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