However, since etf funds are on-site funds, there is only one way to pay dividends, that is, cash dividends, and dividends cannot be reinvested. However, if it is an OTC fund, you can choose cash dividends or reinvest dividends.
The so-called "cash dividend" is to distribute some fund income directly to fund investors in cash.
As for "dividend reinvestment", it refers to "accumulated interest", that is, the cash obtained from dividends is used to purchase funds to increase the original fund share. And if the dividend of the fund is reinvested, how much share is increased is calculated according to the net value on the day of dividend.
Dividends of etf funds are generally paid directly to investors' accounts, which can be received in about 2 to 4 days. As for the specific dividend rules, they will be agreed in the contract.