Dividends auto deposit to external bank?

Summary:

  • The user, stoicb, is seeking assistance with setting up automatic transfers of quarterly dividends from VTSAX in a taxable brokerage account to an external bank account at Fidelity.
  • Fidelity representative, Linsey, provided a link to the relevant page for updating dividend receipt preferences: Fidelity Dividend and Capital Gains Distributions.
  • Linsey offered further assistance if stoicb has any additional questions or needs clarification.
Here’s the full thread
stoicb
07/03/2024 at 06:45:12 PDT
Hi I recently transferred from Vanguard. I hold VTSAX in a taxable brokerage account. How can I setup the quarterly dividends to automatically be sent to an external bank (already set up at Fidelity)?
FidelityLinsey
07/03/2024 at 07:11:16 PDT
Hi, @stoicb. You can make updates to how you receive dividends here: https://www.fidelity.com/customer-service/how-to-dividend-and-cap-gains-distributions. If there is anything we can clarify or if additional questions pop up, please don’t hesitate to ask! We’re always happy to help. 🟢

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