$ZIM Integrated Shipping (ZIM.US)$ should I automatically re...
$ZIM Integrated Shipping (ZIM.US)$ should I automatically reinvest mt dividends or should i eait and see what happens to the price after dividend payout? im new to this have 33 shares at 22.85
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ButterBull : Take profit and leave ,when u get dividend, the stock price will drop but we have to pay 30%tax for dividend
Chin678 : 25% tax
Devando223 OP ButterBull : This in my Roth ira so there is no tax
cockNTail : You don't pay any tax until you transfer the funds into your checking account. as long as it stays here you're it's all good. capital gains tax is 15% in the U.S. this is not a IRA account for me. I plan to add more to ZIM until I hit my said goal. The dividend is still more than a bank is going to pay me for my investment.
Risky Investor cockNTail : You pay tax to Israel as they tax dividend. Moomoo will withhold the taxed amounts.