Is dividend paid in naira or dollar?
On Optimus by Afrinvest, dividends from US stocks are paid in US dollars.
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How often is the dividend paid?
Dividend is paid based on the mutual fund invested by investors. Afrinvest Plutus Fund: Dividend is paid quarterly (four times in a year, every three months) Nigeria International Debt fund: Dividend is paid biannually (two times in a year, every six ...
Is my dividend paid into my wallet or is it added to my capital for my investment?
Yes, your dividend is paid into your wallet except you opted in for auto invest dividend.
Is dividend paid into my wallet or added to my investment?
Dividends are credited directly to your trading wallet on the platform, allowing you to decide how to manage these funds. You can either reinvest the dividends into more stocks or withdraw the amount to your dollar wallet.
How is Interest paid?
Interest in Optimus is made on an accrual basis. Depending on your choice service, interest is paid together with the principal at the point of withdrawal. For savings, interest accrues daily and is credited to your plan monthly. Different investment ...
Can I fund using my dollar card?
Yes, you can use your personal dollar debit or credit card to transfer funds via Western Union to your Optimus by Afrinvest wallet. However, business or corporate cards are not accepted.