09-14-2019, 09:00 PM
I currently DRIP 100%.
But, my "dividend" portfolio is newer, smaller, and split up between 4 different accounts. This makes it hard to generate a notable about of purchasing power each month. In particular, in IRAs, the cash would sit there for several months. I might as well DRIP and let it compound.
I do allocate a portion of my portfolio into high yield, income oriented CEFs. Right now these are set to DRIP, but next year, after more cash contributions, I'm hoping to collect these dividends and include them in my monthly investing.
Thank you,
Paul
But, my "dividend" portfolio is newer, smaller, and split up between 4 different accounts. This makes it hard to generate a notable about of purchasing power each month. In particular, in IRAs, the cash would sit there for several months. I might as well DRIP and let it compound.
I do allocate a portion of my portfolio into high yield, income oriented CEFs. Right now these are set to DRIP, but next year, after more cash contributions, I'm hoping to collect these dividends and include them in my monthly investing.
Thank you,
Paul