Q. I have some shares of Duke Energy Corp. (DUK) which are held in a DRIP plan. The dividends are automatically reinvested to purchase more shares. This stock was purchased for me in the 90s by my ...
Reinvest dividends to buy more shares; consider tax when selling shares accumulated via DRIPs. Dividends received outside IRA are taxable, increasing your stock's tax basis over time. Track cost basis ...