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don't get caught by dividend yield trap.
check and see their balance sheet to see if such DY is sustainable.
2015 high 2.30, low 1.40, dividend 3 cent, if you bought at the lowest 1.40 the DY only around 2.1%
and since inception mbsb share price are down by 57% as of 3rd of april 2023
only buy and dca if you believe what mbsb are trying to achieve.
afaik, traditional brokerage as in unable to online registration, any cooperate action require manual action as in reply required letter or call to the firm to execute said corporate action with fee charges
as for rakuten, as far as I know, drip is free.
ps:
rakuten is nominee account
unless you have high conviction based on your research and due diligence, when the technical loss momentum, it will be best to let it go
*not financial advice
