Vikaz
Level 2 Member
For those with a Fidelity account, it may not be immediately obvious how to set up a DRIP (Dividend Reinvestment Plan) for your stocks. Having just recently gone through this dilemma myself, I thought it might be helpful to let others to know how it's done on Fidelity.
1) Hover over the "Accounts & Trade" menu
2) Select "Update Accounts / Features"
3) Select "Dividends and Capital Gains"
You should see a list of your investments with an option to update how dividends and capital gains are handled for both current and future investments.
Hope this helps!
1) Hover over the "Accounts & Trade" menu
2) Select "Update Accounts / Features"
3) Select "Dividends and Capital Gains"
You should see a list of your investments with an option to update how dividends and capital gains are handled for both current and future investments.
Hope this helps!