No. of Recommendations: 2
T.D. Waterhouse reinvests all my dividend, i.e. dividend on whole & fractional shares, and there is no charge for this. They have my basis on their webpage plus I use MSN Portfolio and post the reinvestments there. I use MSN to watch the stocks daily. It's free.

I have all my stocks that pay a decent to good dividend in DRIP and have had for a number of years. One day when I need the income I will discontinue the DRIP and use the dividend income. On a couple occasions I have sold part of my stock, for example I sold a majority block of even shares of Hewlett Packard about 5 yrs ago when it was very high and I didn't think it would stay there - boy was that a lucky move. Mostly I just let them compound.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.