03-14-2020, 03:44 PM
I use E*Trade. When I was DRIPing my dividends, they would have the shares purchased the next day. For example, if I had a dividend come in on Monday, Tuesday my account had the fractional shares. Now for ADRs, it would take about 3 days. BP, BBL, and RDS always were a few days later. If the dividend paid on Friday, you should have the additional stock when the market opens on Monday. And don't knock the fractional shares, before you know it, you'll have a full share purchased this way. I did it this way for many years. It really starts to add up for you.