Investing

NBDB - DRIP availability

  • Last Updated:
  • Sep 15th, 2020 12:11 am
[OP]
Jr. Member
Jan 21, 2012
107 posts
53 upvotes
VANCOUVER

NBDB - DRIP availability

Hi everyone,

Does anyone know if National Bank Direct Brokerage (NBDB) offers dividend re-investment plan (DRIP) on any securities (mainly interested in iShares ETFs but also stocks)?

I looked over their website and cannot find any reference to this.

Sorry, I also looked over the forum and didn't see any general thread for NBDB.

Thanks!
4 replies
Jr. Member
Nov 12, 2014
125 posts
103 upvotes
Levis, QC
Yes they do DRIP. You have to call an agent to set it up for you. I DRIP some stocks and 2 Vanguards ETF so I'm pretty sure you will be fine with iShares.
Jr. Member
Dec 26, 2019
176 posts
104 upvotes
Corfius wrote: Yes they do DRIP. You have to call an agent to set it up for you. I DRIP some stocks and 2 Vanguards ETF so I'm pretty sure you will be fine with iShares.
Do you know if they honour DRIP discounts?
Jr. Member
Nov 12, 2014
125 posts
103 upvotes
Levis, QC
reversi wrote: Do you know if they honour DRIP discounts?
They do on the stocks I drip (AQN for example).
[OP]
Jr. Member
Jan 21, 2012
107 posts
53 upvotes
VANCOUVER
Corfius wrote: Yes they do DRIP. You have to call an agent to set it up for you. I DRIP some stocks and 2 Vanguards ETF so I'm pretty sure you will be fine with iShares.
Thank you very much! I sent them a secure message to get it applied to my VEQT units in my TFSA and they responded very quickly.

I feel NBDB is quite underrated all things considered.

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