I don't think that this should be the basis of stock selection.
If you think that Company X is worth investing in, you should invest in it whether it offers a DRIP or not.
I sign up to them where available e.g. CRH and BP.
There is usually a slight discount to the market price. But not enough to make it a basis for selecting that stock over another.
There are no issues doing it from Ireland.
The dividend is taxed as normal.
It's just a question of investing the net dividend in the share.
Brendan
"If your shares are held through online brokers, like Davy Select,"
Are such shares in broker nominee accounts or in your own name?
So I have signed a standing instruction for them to pay me the dividend in new shares.
With every notice of a dividend, I get a form which I can send back if I want to change the instruction.
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