How to set up a DRIP on Fidelity

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!
 
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