The discount drip price is 95% of the average of the highs and lows of the 5 trading days preceding the pay date. For this distribution the calculation begins with 2/7 and ends with 2/13.
I will post the discounted price when the calculation period closes.
On the pay date I will post my usual poll.......which brokers post the discount drip fastest and which brokers do not participate in the discount plan.
Thanks dar200. Must be a sleazy broker here as I note s.o. gave you a thumb down! That's what you get for trying to be helpful to other unit holders! LOL!
does fidelity offer drip discounts?
The average of the highs and lows for the 5 trading days ending today is 46.286. Therefore, 95% of the average = 43.9717 which = the discount drip reinvestment price.
Your calculation is correct. That's exactly what Fidelity just dripped into my account today.
Thanks for posting that for us