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Financial Products & Services / Discount Brokers
|Subject: Scottrade DRiP to Become Reality||Date: 1/26/2013 10:26 AM|
|Author: ferjen||Number: 50057 of 50252|
January 20, 2013 11:27 AM
Both of my daughters have had Scottrade accounts for a good while, but I am also considering transferring both accounts in their entirety to another broker that allows dividend reinvestment. In the past, a DRiP wasn't a big deal. But, times have changed, and in the quest for yield, a DRiP is a must...
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January 23, 2013 9:45 AM
We want to thank you for reaching out to us and letting us know the importance of this service in your investment strategy. We are currently working to bring a dividend investment program to our clients sometime this year. In the meantime, there are alternatives we can discuss to reinvest any dividends. Well be happy to have your local Scottrade office contact you to speak to you about this in more detail.
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