Can I enroll in a company's Dividend Reinvestment Program (DRIP)?

At this time, only US and Canada listed common and preferred stocks and ETFs paying cash dividends are eligible for reinvestment.

Please Note…

If you are enrolled in the Dividend Reinvestment Program (DRIP) and are a shareholder as of the Record Date for an eligible stock, the reinvestment will generally take place on the business day following that on which the issuer paid the dividend. DRIP purchases are recorded in the Trade section of your Activity Statement and will be accompanied by a Code of R (Dividend Reinvestment)…

You can find an Overview of IBKR's Dividend Reinvestment Program (DRIP) in the IBKR Knowledge Base…

IBKR Australia supports dividend reinvestment for ASX stocks, where available by the issuer. You will generally be notified via the Client Portal if you are eligible to submit an election via the Corporate  Action Election tool.  If you don't elect dividend reinvestment for a particular dividend (if offered), the default dividend payment method, which in most cases will be cash will apply…