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Transferring stocks out of computershare

Posted on 1/24/23 at 11:18 pm
Posted by catholictigerfan
Member since Oct 2009
59620 posts
Posted on 1/24/23 at 11:18 pm
edit: looks like I'm going to be able to do it through J.P. Morgan or Chase.
This post was edited on 1/25/23 at 5:32 am
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 1/25/23 at 7:34 am to
I've had my Schneider shares (Paris Exch) sent directly to my Credit union account. Takes two days for me.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/25/23 at 7:42 am to
Speaking of computer share. I searched their website, which is shite by the way and could not find where to set it to reinvest dividends. Anyone have luck with this?
This post was edited on 1/30/23 at 11:08 am
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 1/25/23 at 9:43 am to
It has been a while since doing it, but I think you go to the account with the shares you want to drip.

You go to details > Actions > Reinvestment Options

Posted by fallguy_1978
Best States #50
Member since Feb 2018
53116 posts
Posted on 1/25/23 at 12:47 pm to
quote:

You go to details > Actions > Reinvestment Options

Yep, it took me awhile to find it too. I also have a shitty Computershare account with some stock that I inherited.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 1/25/23 at 1:46 pm to
Checked on mine over lunch, I've been selling my shares off and have to wait for them to mature after 5 years. June 30 I'll have another year's position become free shares and will be able to dump at that time.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/25/23 at 8:01 pm to
Thanks I’ll give it a try
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 1/26/23 at 9:19 am to
Computershare isn't shitty, but their website is a bit archaic. They are improving, but not rapidly like companies who are mining cash with payment for order flow (PFOF).

I trust my shares more with them then I do TD Ameratrade, Robin Hood, Fudelity and a lot of the other brokers who lend your shares out for options.
Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1615 posts
Posted on 1/26/23 at 9:31 am to
quote:

I trust my shares more with them then I do TD Ameratrade, Robin Hood, Fudelity and a lot of the other brokers who lend your shares out for options.



Thanks for additional perspective.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/30/23 at 10:10 am to
Found out the company I work for doesn’t allow dividend reinvestment on ESOP shares.

Thank you for the help.
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