I just got off the phone with a not well trained Flagship representative from Vanguard. She couldn't clearly and convincingly answer my question, so now I'm putting it to you. If I were to purchase an INDIVIDUAL dividend paying stock, e.g., P&G, do you know if there's anything special I need to do (forms to fill out, etc.) in order to have those dividends reinvested within my Vanguard brokerage account?
Anyone out there DOING this with individual stocks through Vanguard.
I don't own individual stocks and am not about to. Just planning for the next bargain basement sale, and hoping it's a couple of years off.
Thanks!