Thanks, great resource. Is there a tax benefit to DRIP? Is the div received still taxable even though it's being reinvested immediately?
Type: Posts; User: I_know_nothing
Thanks, great resource. Is there a tax benefit to DRIP? Is the div received still taxable even though it's being reinvested immediately?
I also have a question, you can't buy partial shares so how does a DRIP work, how is the money reinvested in the stock??