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Anyone ever had a dividend stock that doesn’t reinvest
Posted on 11/14/25 at 4:59 pm
Posted on 11/14/25 at 4:59 pm
QSR is the one currently saying the dividend won’t reinvest if I buy. Tried last night, thought maybe just error, but just tried again.
Not sure why. I tried a different stock and it says it will reinvest.
What am I missing ?
Edit: I mean you want the dividend to reinvest but the platform says it won’t.
Not sure why. I tried a different stock and it says it will reinvest.
What am I missing ?
Edit: I mean you want the dividend to reinvest but the platform says it won’t.
This post was edited on 11/14/25 at 5:04 pm
7
Posted on 11/14/25 at 5:05 pm to Stamps74
When did you buy it? Vanguard can be a PITA switching on/off, and I think it’s connected to the settlement date.
Posted on 11/14/25 at 5:45 pm to Stamps74
ENB won’t drip because it’s a Canadian company
Posted on 11/14/25 at 5:46 pm to Stamps74
You should be able to set your account to auto reinvest your dividend proceeds. I set mine to auto convert to cash, with the exception of my 401k. That one auto reinvests
Posted on 11/14/25 at 6:05 pm to Stamps74
NVO
Posted on 11/14/25 at 6:23 pm to Stamps74
ZIM doesn’t allow it as well, thank god
Posted on 11/14/25 at 6:23 pm to Stamps74
I have some stock (held in Vanguard) in an American company that pays dividends. No matter what I try, the dividends just go to my cash account. When they build up, I go in and manually buy a share or two.
All my other stocks auto reinvest dividends. Not sure what the deal is with this one. Maybe they won’t sell fractions of shares or something.
All my other stocks auto reinvest dividends. Not sure what the deal is with this one. Maybe they won’t sell fractions of shares or something.
Posted on 11/14/25 at 7:03 pm to Stamps74
Robinhood let's you choose if drip is on or off for each individual ETF/stock
Posted on 11/14/25 at 7:19 pm to lsuconnman
Schwab acct is the one saying I can’t do auto reinvest
Posted on 11/14/25 at 8:17 pm to tigerbacon
quote:
ENB won’t drip because it’s a Canadian company
ENB drips in my Vanguard without issue, VALE does too.
Posted on 11/14/25 at 9:21 pm to lsuconnman
ENB isn’t allowed to drip in swab
Posted on 11/14/25 at 9:31 pm to tigerbacon
It’s a multi stage process in Vanguard.
First they take the Canadian withholding, then they issue a partial dividend for the drip, then they issue another really small fractional amount which is much lower than the share price….which is the one part I’ve never understood.
First they take the Canadian withholding, then they issue a partial dividend for the drip, then they issue another really small fractional amount which is much lower than the share price….which is the one part I’ve never understood.
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