The money invested has to come from:
- Dividends from the stock of BBVA, Santander, Telefónica, Repsol or Endesa.
- Monthly contributions, between €50 and €500, from a savings plan.
BBVA Dividend Reinvestment Account
How does it work?
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The BBVA Dividend Reinvestment Account lets you decide what percentage of the dividends that you receive from your BBVA, Banco Santander, Telefónica, Repsol and Endesa stock to reinvest. You'll also be able to use it to make monthly contributions from a savings plan.
In either case, you will have to choose an investment period of 3 or 6 months, which will have a yield of 8% NIR, 8.16% APR. The interest on the account balance is settled every 6 months.
Would you like more information?
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BBVA Dividend Reinvestment Account
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