Get Started Investing cover image

Your Guide To ETF Dividends: Where They Go And How They Work

Get Started Investing

00:00

How to Claim Payment for the Residual Credit Balance Associated With a Dividend Reinvestment Plan

You can claim payment for the residual credit balance associated with the dividend reinvestment plan via their registry. If your broker is a custodial model, you can't do dividend reinvestment plans because they only just have one unit registry essentially. So then $30 and then $40 and then it buys two rather than one. You don't lose the money. It's not like lost into the ether. It's still yours. And Bryce, I think the final question when it comes to dividend reinvesting plans is not all brokers allow you to do it. Yeah. That's a statement, not a question.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app