Hi - I have created individual pies with 1 dividend stock in each so I can continue to do dividend reinvestments.
Got paid 4 different dividends across each stock - but not a single one was invested. And my dividends were not small amounts… 3 digit dividends being paid for some.
Can someone explain why this is happening? I’ve checked the link on DRIP, but I met the criteria for this
@Bogi.H maybe related: what I see is dividends from a pie are first added to free funds and then one or two minutes later moved into the pie. There seems to be a slight delay. For me this is only visible if I get a notification while I am at my screen. If you would be 5 minutes later, you will not spot it.
Yes, indeed, that’s how the function works. Dividends are initially received in the account’s free funds, and then the DRIP functionality moves those funds from the account cash to the respective Pie. Some technical time is required for that to happen, though.