DRP on all holdings

Sharesight features
1

Hi All, A new member so your assistance would be great, Can someone explain why in some of my holdings when you go into to activate your DRP, you can do it, but with a lot of them, you get the below message stop you???

“This holding does not have an option to automatically re-invest dividends”
I’d like to be able to have all dividends to be able to reinvest
Much Appreciated
Sean

2

Hi Sean, I believe it will be because not all companies have dividend reinvestment plans. Most of the Aussie Banks and quite a few other companies offer reinvestment, but not all. It’s at the discretion of the company - nothing to do with Sharesight. All they are doing is picking up whether or not the company offers this.