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Investors & landlords
I guess you could look at it that way. When you reinvest a dividend it buys more shares so it adds to your cost when you sell it. It is really 2 transactions, they paid you a dividend and you pay tax on the dividend. Then they bought more shares with it. Just like if they had sent you a dividend check and then you sent it back to buy more shares.
May 7, 2021
10:56 AM