What do you guys do?
I don't use the DRIP , they buy stock at the higher pre Dividend price. I do use with Mutual Funds. If the price runs up good as it usually does (but might not this time) I sell x-2 and not wait a month for the Dividend.
reinvest...not necessarily in the same stock
I take it. Toss enough into another account to pay the tax and keep the rest...