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How Do I Register Dividend Reinvestment Plans (DRIP) in the Portfolio Tracker?

Answer

Dividend reinvestment plans allow you to purchase additional shares directly as the company pays out dividends. In effect, they work like bonus shares.

To register dividends from a DRIP in the Portfolio Tracker, first determine the amount the amount of shares you will acquire from the plan and then register a purchase transaction of those shares with a cost per share of 0 and fees of 0.

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