Can I receive dividends in shares?

IBKR's Role in an IPO

In the context of an IPO, IBKR generally acts as a financial intermediary, meaning it provides the platform through which eligible investors can register their interest, submit subscription orders and, if shares are allocated to them, receive those shares into their IBKR account(s)…

Clients may obtain information on both mandatory and voluntary corporate actions from the Investor Relations department of the company involved.

In the event a voluntary corporate action is open for elections, IBKR will, on a best efforts basis, provide a summary of the offer along with the ability for clients to submit their election. In the event of a mandatory corporate action, IBKR will provide general notification of the action, but clients should contact the company directly for details…

You can use an Account Group to automatically calculate ratios and allocate shares to a pre-defined group of accounts based on a selected allocation method. When you create an order and choose a group, the order uses the default method to allocate shares among the accounts in the group…

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…