Free & automatic dividend reinvesting for individual sto

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Houston101
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Free & automatic dividend reinvesting for individual sto

Post by Houston101 » Tue Oct 05, 2010 7:23 am

I know companies like vanguard offer free dividend investing for their ETF's etc.

Are there any brokerages that offer free and/or automatic dividend reinvesting for individual stocks?

infecto
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Post by infecto » Tue Oct 05, 2010 7:39 am


tim1999
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Post by tim1999 » Tue Oct 05, 2010 5:54 pm

My online broker, TD Ameritrade, does. They used to only invest into full shares and would give you cash in lieu of fractional shares, but they did away with that years ago.

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Houston101
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Post by Houston101 » Wed Oct 06, 2010 6:15 am

Cherokee8215 wrote:My online broker, TD Ameritrade, does. They used to only invest into full shares and would give you cash in lieu of fractional shares, but they did away with that years ago.
Do they charge you a fee for reinvesting the dividends in the respective stocks?

sjb19
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Post by sjb19 » Wed Oct 06, 2010 6:39 am

Houston101 wrote:
Cherokee8215 wrote:My online broker, TD Ameritrade, does. They used to only invest into full shares and would give you cash in lieu of fractional shares, but they did away with that years ago.
Do they charge you a fee for reinvesting the dividends in the respective stocks?
No.

kaneohe
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Post by kaneohe » Wed Oct 06, 2010 6:16 pm

Schwab and E-trade do....also no fee.

kaneohe
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Post by kaneohe » Wed Oct 06, 2010 6:16 pm

Schwab and E-trade do....also no fee.

DSInvestor
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Post by DSInvestor » Wed Oct 06, 2010 6:28 pm

Fidelity and Vanguard offer free dividend reinvestment for individual stocks.

i<3Investing
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Post by i<3Investing » Wed Oct 06, 2010 6:32 pm

I use Schwab and they do.

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