​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.