How to Enroll in Dividend Reinvestment in TD Ameritrade
Please follow the steps below to enroll in dividend reinvestment in TD Ameritrade.
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- Open the website.
- Log in with your user ID and password
- Now you need to answer a security question. Once you answer the security question, click on Continue.
- Once you are logged in, you will see several options at the upper part of the screen. Click on the option that says My Account.
- Then you will see several options from the drop-down list. Click on The option that says Dividend Reinvestment.
- Now you have three options whether to enroll all the current eligible stocks. Enroll individually or automatically enroll, and enroll all current and future eligible stocks and ETFS. For example: if you choose to automatically enroll and enroll current and future eligible stocks, put a check mark on the option you wish to choose.
- Click on the Save button at the lower right side of the screen.
- Now you will see a message saying that all your eligible current stocks or ETFs are now enrolled in drip.
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