Thank you. It seems that the dividend reinvestment program is composed of two processes operating in parallel. The book keeping for the dividend payments and ki...

The program knows in advance the total value of all dividends enrolled in the program and uses that figure to purchase the "most dividends" they can with that t...

Thank you for the reply. I agree completely; however, the investment company that holds my accounts recently decided to change the date acquired to be the trade...

No, I'll provide an example. On Mar1st Company A paid their quarterly dividend and I received $xx.xx into my account. I participate in a dividend reinvestment p...