• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

NYSE & dividends

Discussion in 'Beginner's Lounge' started by ozi stocker, Jun 25, 2015.

  1. ozi stocker

    ozi stocker

    Posts:
    37
    Likes Received:
    0
    Joined:
    May 5, 2013
    I recently opened a optionsxpress account with the intention of investing in some NYSE.

    I was just curious to how it works with dividends, do NYSE stocks also have dividends like ASX stocks, and can I access them through optionsxpress?

    Thanks.
     
  2. Value Collector

    Value Collector Have courage, and be kind.

    Posts:
    6,659
    Likes Received:
    1,161
    Joined:
    Jan 13, 2014
    Yes a lot of nyse companies pay dividends, I have no idea about optionsxpress though.

    If you get paid a dividend, the USA will take about 25% of it in tax before you get it, however when you lodge your tax return in Australia they will take it into consideration that you have already paid tax on the dividend, so you effectively get a non refundable credit for it.
     
  3. Ariyahn2011

    Ariyahn2011

    Posts:
    75
    Likes Received:
    0
    Joined:
    Nov 9, 2014
    Sounds like your better off in a U.S. ETF or managed fund. I also have an options x press account with about 1000 bucks.
     
Loading...

Share This Page