lowtrade

[lowtrade]

Most all dividend stock ownership is thru a brokers account. So you can just use what your broker offers in their synthetic DRIP plan = (direct re-investment plan)

Some companies offer DRIPs without broker accounts, usually at a discount. You need to contact the company for that info. Company offered DRIP's or a Traditional DRIP. Unlike a broker DRIP, synthetic, you can reinvest portioned shares, if the dividend doesn't equal 1 share evenly.

Oh yea I forgot; you can hold the dividend cash in your trading account and choose when to buy more shares yourself. This option will allow you to put off reinvestment until a lower price opportunity shows up. In an attempt to keep your core basis point from rising if the dividend comes at a high price point.