ETF Dividend Reinvestment Plans (DRIP) #3358
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jaysbeekay
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Best approach is no.1, but set the BUY price to the value per share as received. In other words, you didn't receive cash AND shares, you received cash which was then used to purchase more shares. Your broker should provide the unit cost of the new shares, but if not, ((Dividend / Number Of Shares)) should be close enough. |
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Hello,
Firstly thanks for this great piece of software - I am in the process of using it to track all my assets and had a question around the best way to handle automatic dividend reinvestment plans?
Is the best approach to:
Thanks!
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