Hi all, this is my first time getting DRP. Is there any news yet on how to go about applying for DRP shares? Any URL that I need to check out?

Based on here: https://www.maybank.com/en/investor-relatio...nd-history.page, seems like DRP price is RM7.80.

Thanks.

Depending on the current share price and dividend received, it may be that the "benefits" are not high to do the DRP. Or indeed the cost may be larger compared to if you just buy the share as normal.

The cost of doing DRP is rm13. I think my paper gain from doing DRP is only rm20 ish. Nett gain around rm7 to8. This number based on last friday closing price of rm8.10. If anything lesser... buying the new shares on own is cheaper

Buying new shares will be rm8 for me via hlebroking.

But this really depends on the persons's holdings quantity. If i have more shares, the answer would have been a good yes. Because the cost is still fixed to rn13

My best guess is that your drp electable portion of the dividend is not sufficient for flat number of shares and it got rounded down, eg RM80 dividend/RM7.80 = 10.25... shares, round down to 10 shares
You will receive the remainder in cash