I use my stock account to buy etf index funds, and I don't pay much dividends. For example, is the dividend automatically transferred to the account or do you need me to go through any formalities?
Because the stock market has been in a volatile market for a long time in recent years, index funds are passively tracking the stock index, and the stock index can't go up, so it is difficult for index funds to perform well. The performance of the fund is not good, so it is impossible to pay dividends. Index funds bought with stock accounts will also be ex-dividend after dividends. Dividend cash will be automatically transferred to your stock account. There is no need to go through any formalities.