|
Not All Stocks Supports DRIPI have recently learned that not all stocks has a Dividend Reinvestment Plan (DRIP). And it is not obvious at the point of purchase which company support DRIP and which don't. Question is, how do you determine if a company's stock supports DRIP? Chieh Cheng I found this list: Chieh Cheng The above premise I got from E-Trade when I pointed out to them that I couldn't enroll one of my stocks into DRIP. The E-Trade broker, on the phone, claimed that is because the stock in question doesn't offer DRIP. Today, I learned that their premise is full of crap. About a month ago, the stock in question suddenly appeared in my DRIP selection screen. Curious I enrolled it in DRIP to see if E-Trade's DRIP enrollment system was flaky. Last Friday, the stock paid dividend. Today, I noticed that new shares were put into my account. I suspected there is glitches in E-Trade's DRIP enrollment system. So now I am concluding that it's best not to believe everything that E-Trade representatives tell you. With the stock market, like everything else, you'll have to learn it for yourself. Chieh Cheng
Did your message disappear? Read the Forums FAQ. Related LinksAdd Comment
TrackBackTrackBack only accepted from WebSite-X Suite web sites. Do not submit TrackBacks from other sites.
No TrackBacks yet. TrackBack can be used to link this thread to your weblog, or link your weblog to this thread. In addition, TrackBack can be used as a form of remote commenting. Rather than posting the comment directly on this thread, you can posts it on your own weblog. Then have your weblog sends a TrackBack ping to the TrackBack URL, so that your post would show up here. Messages, files, and images copyright by respective owners. |
Categories
Blogroll
|
|
Copyright © 2005 - 2020. All Rights Reserved.
|
TrackBack
