nedsaid wrote:Good article. It answered my question on Dividend Reinvestment. The answer is yes with delays.
Thanks Taylor for posting the link.
Dividend reinvestment of your ETF dividends is a function of your broker. My experience is that TDAmeritrade does it free and without delays. That is, as soon as the money is available and the stock market is open, TDAmeritrade buys new shares for you with your dividend.
Perhaps though, the video was hinting about the ex-dividend date, the record date, and the payable date without explaining them.
Although not about re-investment, but about timeliness of dividend payment, see also: viewtopic.php?f=1&t=87742
And here is a thread about payment dates and timeliness of mutual fund distributions: viewtopic.php?t=65205
It's all about short-term opportunistic rebalancing due to a short-term change in one's asset allocation, uh, I mean opportunistic rebalancing, uh I mean rebalancing, uh I mean market timing.