By default, dividends earned on self-directed investing assets will be paid as cash directly to your self-directed investing account and will be reflected as part of your available cash balance.
To enable automated dividend reinvestment, visit your self-directed account settings. Once enabled, dividends will be used to buy more shares of the security that paid them, including fractional shares. If a security can't be purchased at the time of distribution, the amount will be added to your cash balance instead.
You can toggle individual securities or turn off dividend reinvestment at any time in your self-directed account settings. Note that when dividend reinvestment is on, all new securities purchased in your account will reinvest dividends until those securities are specifically disabled.
Turning automated dividend reinvestment on/off in your self-directed investing account:
- Log into your Betterment account on the web or mobile app.
- Select your self-directed investing account.
- Click “Settings”
Select “Enable” or “Disable” under the Dividend management section.