Free Dividend Reinvestment Plan
Help Center: Learn about Dividend Reinvestment Programs (DRIPs)
Step 1: Reinvest your Dividends
What securities are eligible for DRIP enrollment?
For a security to be eligible for a DRIP, it must meet the following criteria:
Mutual funds, bonds, options, and foreign securities are not eligible for DRIP enrollment.
- The security must be held in your E*TRADE Securities account.
- The value of the security must be $5 or greater.
- The security must be currently paying a dividend.
For securities with DRIP, you will get fraction part of shares. You can sell them by filling the following request:
Liquidate my DRIP fractional shares
Upon selling all whole shares of a position, any remaining fractional shares will be sold automatically the next business day at the whole quantity executed price.