Help & How To
Scottrade Client Website
Account Management
Dividend Reinvestment
Scottrade’s Flexible Dividend Reinvestment Program: An OverviewDividend Reinvestment
Scottrade's Flexible Reinvestment Program™ provides a commission-free way for you to invest dividends from most dividend-paying stocks or exchange-traded funds (ETF) that you own into eligible* stocks or ETFs. With FRIP™, you'll be able to use cash from dividends to buy most securities at no commission in a way that fits your investment strategy.
FRIP™ is different than a traditional dividend reinvestment program (DRIP), which requires you to reinvest dividends back into the securities that generated them. With FRIP™, dividends accumulate into a pool of funds. Those funds are then used to automatically purchase most stocks or exchange-traded funds of your choosing.
If you enroll in FRIP™, you will have the following flexible choices to make:
- Choose which dividend-paying securities you want to include in the program. After enrolling, any dividend-paying equity is included automatically.
- Select up to five eligible stocks or exchange-traded funds that you want to buy using your FRIP pool.
- Select the date you want orders placed.
- Determine the frequency of your trading, either monthly or quarterly.
You can change your FRIP options at any time.
*Marginable equities are eligible with the Program Balance, as defined in the Flexible Reinvestment Program™ Terms and Conditions.
| ScottradeELITE: Viewing Dividends & Splits in ELITE |
| Scottrade Client Website: Dividend Reinvestment |
| No related Articles |
| No related Articles |
| No related Articles |
Education meets interaction in the Scottrade Community. Join Scottrade customers from all over the country as you exchange information, ideas and trading strategies in a comfortable online learning environment.
Interact with Scottrade customers and product specialists. Share your thoughts and learn from others. Grow as an investor. Join our community today!
Learn More About the Community >



