Enable Dividend Reinvestment in Robinhood

Here are step-by-step instructions on how you can enable dividend reinvestment in Robinhood.

Open the Robinhood app on your iPhone.
Once the app is opened, you will see several icons at the bottom of the screen, including an Account icon at the bottom right corner of the screen.
Tap on the Account icon.
On the screen, you will see several tabs including a tab which says Investing. Tap on Investing.
Under Investing, keep scrolling down the screen until you see an option for Dividend Reinvestment.
You will see that it says that the dividend reinvestment is disabled, and an option below that saying Enable Dividend Reinvestment.
Tap on Enable Dividend Reinvestment.
On the following screen, tap on Continue.
The next screen will give you an explanation on how dividend reinvestment works. Once have read it, tap on Continue.
Go through the DRIP Agreement which means Dividend Reinvestment Plan Agreement, and then tap on Accept at the bottom of the screen.
Once you tap on Accept, you will see a message on the screen saying you have been enrolled.
You can just go and tap on Done to finish your action.

Check out our recommended resources here.
Check out our Amazon store here.

​Enable Dividend Reinvestment in Robinhood