How do I set up automatic dividend reinvestment?
We’ve got some good news—for Retirement and Custodial accounts, we’ll automatically reinvest your dividends. This is also known as DRIP.
We’re unable to disable automatic dividend reinvestment for Retirement and Custodial accounts at this time. Dividends may take up to 3-4 business days to be reinvested.
Can I automatically reinvest my dividends in my Personal portfolio?
If you’d like to start reinvesting your dividends in your Personal portfolio, follow these steps:
In the app:
- Login to the Stash app.
- Tap Investing at the bottom of the screen.
- Tap Personal Portfolio.
- Tap the gear icon in the upper-right corner.
- Scroll down to the bottom of the screen, then tap Dividend reinvestment program.
- Tap the slider next to Automatically reinvest dividends to turn DRIP on/off.
On the web:
- Login to the Stash website.
- Click your name in the upper-right corner.
- Click Dividend reinvestment program.
- Click the slider next to Automatically reinvest dividends to turn DRIP on/off.
Why wasn’t my dividend reinvested?
There’s a number of reasons dividends may not be reinvested:
- The equity is ineligible for dividend reinvestment.
- The dividend was voided or reversed.
- The market is closed, in which case your dividend will be reinvested on the next trading day.
- You enrolled in our dividend reinvestment program after your investment’s record date.
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