Does anyone know if TD Ameritrade Waterhouse or whatever they are called now has a free stock dividend re-investment program? I am thinking about opening an account and then use it to buy long term dividend stocks to hold and want the dividends re-invested in more stock... I think Waterhouse use to do it but does this new TD Ameritrade do it? Thanks
My ameritrade izone.com account won't let me reinvest dividends (no fractional shares). I know Schwab will reinvest dividends.
Thanks golfer! Kinda suxs that big TD Ameritrade doesn't do it but I will look into Charlie Schwab. Thanks again and may all your golf swings be like your trading... Winning Ones!