How Do I Reinvest Income (Dividend, Interest, or Capital Gain)?


Use the Reinvest Income dialog to record purchases of additional shares of a security with money paid to you by that security as dividend or interest income or capital gains distribution (short-, mid-, or long-term).

  • Security
    In Quicken, a security is a single investment with a value and (usually) a share price. A stock, a group of bonds from one corporation, or a mutual fund is a security when it has a share price and you own a specified number of shares.
  • Dividend
    When companies pay part of their profits to shareholders, those profits are called dividends. The amount of each share's dividend depends on how well the company does during a particular period. Typically, only larger companies pay dividends; smaller companies need to invest their own profits to grow. Some investors interested in producing income invest in dividend-producing securities; growth-oriented investors often also buy dividend-producing securities to round out their portfolio.
  • Capital gains distribution
    Money paid to shareholders by a mutual fund. It comes from sales by the fund of some of its underlying securities for more than their cost. The distributions you receive are a distribution of the capital gains from the fund. To record capital gains in Quicken, in the transaction list, click the Enter Transaction button and select Income.

1. Open the account you want to use.

2. Click Enter Transactions.

3. In the Enter Transaction list, select Reinvest - Income Reinvested.

4. Use the applicable fields in this dialog to record a dividend, interest, or capital gain you've received and are going to reinvest (not all fields are required).

5. Click Enter/New to enter another transaction, or Enter/Done to finish.

Notes

A medium-term holding period was used during the 1997 tax year.

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