RE:RE:RE:RE:DRIP @ 80 CENTS HIGHER THAN MARKET YESTERDAY ??FiddyFiddyOddz wrote: I dunno why anyone would rely on their broker to re-invest dividends. Sure, if you re-invested the dividends yourself it would cost you a trading fee, but I'd rather pay that nominal fee and decide the price i wanted to re-invest, not the price the brokerage wanted to put me in at. What's the point in saving 10 bucks on trading fees if it costs you a few hundred more to buy the same shares thru the brokerage ?
Quin wrote:"Right you are fiddy. This is a broker issue."
Hey FIDDY__You are RIGHT__But ONLY IF You are Dealing With VERY LARGE DIVIDENDS like $1000 or More__THEN it Definitely BE BETTER to DO IT YOURSELF
BUT for the Thousands of Retail Investors who get a Few Hundred $$$$ or Less__SAVING the Trading Commission by Letting the Broker DRIP the Dividend MAKES SENSE eh