Are all securities eligible for DRIP?

The Dividend Reinvestment Program (DRIP) at Interactive Brokers is a service that allows investors to automatically reinvest cash dividends from eligible stocks back into additional shares of the same stock. This program is available for both U.S. and non-U.S. investors, making it particularly beneficial for international investors looking to take advantage of compounding returns…

If you are enrolled in the Dividend Reinvestment Program (DRIP) and are a shareholder as of the Record Date for an eligible stock, the reinvestment will generally take place on the business day following that on which the issuer paid the dividend. DRIP purchases are recorded in the Trade section of your Activity Statement and will be accompanied by a Code of R (Dividend Reinvestment)…

Yes, it is possible to receive fractional shares for a reinvested dividend through the Dividend Reinvestment Program (DRIP) if the account has fractional share permissions.

Please Note…

No. IBKR does not offer the ability to participate directly in a company's dividend reinvestment program.

IBKR does offer a separate DRIP plan which provides for the reinvestment of cash dividends for eligible stocks. See: How do I manage my Stock Dividend Reinvestment Program (DRIP) election?…