Dividends were not reinvested

šŸ„§ Pies & AutoInvest
1

Hi,

On 20.08.2020 I received several dividends from different fixed-income ETFs (VUCP for example) in one of my Pie. Although the Auto reinvest was ON, the dividends were not reinvested into my Pie. Any reason why?

Thanks!

Batmax

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2

I had the same issue.
Itā€™s been suggested to me that ex div day needs to be crossed in your pie.
No idea if this is true yet. It will take me a month to test the theory.

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3

I think Iā€™m right in saying the dividend/pie cash needs to exceed the minimum investment amount for a pie to trigger reinvestment. Otherwise, for example, youā€™d potentially end up having to try to divvy up someoneā€™s 3p Diageo dividend 50 ways.

4

Thatā€™s correct, @topher! The received amount should reach your pieā€™s threshold to be reinvested, and until it does the received dividends will remain as pie cash. :slight_smile: :moneybag: :pie:

5

Ok I understand the minimum investment amount. However my dividends were not put in my Pie cash but in my regular account cashā€¦weird. Letā€™s see how it goes next time! Thanks for your answers :slight_smile:

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6

Then you probably moved them into a pie and the ex div date was before that moment.

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