How to Change Dividend Reinvestment in Charles Schwab

If you forgot to check the Reinvest Dividends option while purchasing a stock or ETF on schwab, you can do so after the fact via the following:

First click through Accounts>Positions>Market Value:

matthew_moisen_schwab_reinvest_dividends_00.jpg

Then scroll down to the stock for which you want to reinvest dividends, and look for the Reinvest? links on the right side of the table:

matthew_moisen_schwab_reinvest_dividends_01.jpg

Click on the No link and then change it.

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Name: Name

Creation Date: 2020-08-04

Thanks, man

Name: Lorraine Kelly

Creation Date: 2020-10-07

The new website does not have the option to change reinvest to non re-invest. How is this done on the website now--cannot locate..????

Name: T-bird

Creation Date: 2020-12-09

Accounts/positions/option on the right of each stock.

Name: Vinay M Dulip

Creation Date: 2021-01-30

Thanks.

Name: M

Creation Date: 2021-02-09

Thank you...can't believe that's where they put it.

Name: Mathew M Snyder

Creation Date: 2021-03-01

I want to Stop my DRIP regarding my Exxon stock but I’m unable to find the procedure on the Charles Schwab website—

Name: d

Creation Date: 2021-03-06

thanks

Name: Thank You

Creation Date: 2021-03-23

Searched all over the Schwab site for this, couldn't find. Simple, once you know where to go. Many thanks.

Name: G

Creation Date: 2021-04-08

Thank you! Their interface is so unintuitive.

Name: wordbuilder

Creation Date: 2021-05-27

I tried to find this information at Schwab and couldn't (too many irrelevant results) so I came here and had it fixed in a minute. Much appreciated.

Name: Paul Boutiette

Creation Date: 2021-09-24

Found it! Go to Accounts, Positions, and then at the top of the chart of your securities click on the blue "Settings gear" and enable the Reinvest? box and Save. Then there will be a column on the right side of your securities where you can choose to reinvest or not. Took me a while to find it.

Name: Britney in miami

Creation Date: 2021-11-06

Thanks! Super helpful!

Name: Miguel

Creation Date: 2021-11-23

Thanks a lot

Name: Bob

Creation Date: 2022-04-02

Had to click settings to make Reinvest show but this worked. Thanks!

Name: Rocky

Creation Date: 2022-05-24

For folks who cannot see the Reinvest? column in the table, it can be enabled using the Settings option right above the table.

Name: Theone

Creation Date: 2022-10-08

Thanks! I went to the Schwab search for help on this question and I didn't get anything useful. Simple explanation without a video!

Name: Chester

Creation Date: 2023-01-12

Thanks brother.

Name: Dave

Creation Date: 2023-11-02

I wish Schwab would provide a way to stop automatic dividend reinvestment for all positions instead putting the user through the trouble of having to change it individually.

Name: Katherine

Creation Date: 2024-01-28

Thank you, this was so simple but I had no idea you could click on the "No"

Name: Name

Creation Date: 2024-03-26

thanks!

Name: Dan

Creation Date: 2024-06-27

Apparently the default at schwab for dividend reinvestment is "No" and must be changed to "Yes" for any new security purchased if you want to reinvest dividends. for those of us who prefer to reinvest all or most dividends, is there any way to change the default to "Yes" so you don't have to remember to change it?