Saturday, December 29, 2018

My dividend was automatically reinvested when I have it set up not to. What next?

Through my broker's website, I set my account NOT to reinvest dividends in a certain stock. Yesterday, the cash was there shortly after the market was closed. Today I see that the cash was reinvested into a stock that I did not want. My account was, and still is set up not to reinvest dividends in that stock. I had immediate plans for the cash from that dividend. I could just sell the shares, but then I'm unsure how that will impact my taxes. I emailed my broker (on a weekend, unfortunately) but what else can I do next to get this resolved as quickly and painlessly as possible for everyone?



Submitted December 29, 2018 at 05:09PM by albundy12345 http://bit.ly/2Rn7S1g

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