[Firstrade/ETRADE] Dividend Reinvestment Plan (DRIP)

Free Dividend Reinvestment Plan
http://www.firstrade.com/public/en_us/productsservices/investmentchoices/dividendreinvestment/


Help Center: Learn about Dividend Reinvestment Programs (DRIPs)
https://us.etrade.com/e/t/estation/help?id=1301060000

Step 1: Reinvest your Dividends
https://us.etrade.com/e/t/estation/ESDivEnroll

https://us.etrade.com/e/t/estation/contexthelp?id=1203011000#q

What securities are eligible for DRIP enrollment?

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For a security to be eligible for a DRIP, it must meet the following criteria:

1. The security must be held in your E*TRADE Securities account.
2. The value of the security must be $5 or greater.
3. The security must be currently paying a dividend.

Mutual funds, bonds, options, and foreign securities are not eligible for DRIP enrollment.

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
https://us.etrade.com/e/t/estation/ESFract

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.