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Level 1
posted Jan 23, 2021 10:46:56 AM

Will I receive a 1099-DIV from Robinhood? I started an account in Dec-2020 and invested only $29.55 in securities and $0 back in dividends, gains, interest earned.

I see $0.11 for estimated dividend yield and that's it.

0 3 913
3 Replies
Expert Alumni
Jan 23, 2021 3:13:59 PM

No, you will not receive a Form 1099-DIV unless the total dividend distribution is $10 or more.  

 

 

Level 1
Jan 24, 2021 7:05:02 AM

Is that what estimated dividend yield is?

Expert Alumni
Jan 24, 2021 3:25:15 PM

Yes, the estimated dividend yield is the dividend that you will received and AnnetteB6 is correct that you will not receive a 1099-DIV.