How can I receive my dividends and capital gains distributions?
When you own shares of mutual funds or stocks, you might receive distributions from these investments in the form of dividends and/or capital gains. In most cases, you can choose how to receive these distributions. The most common methods include reinvesting the money to buy more shares of the mutual fund or stock, moving the money into your cash account, and/or sending the money to another Fidelity mutual fund.
While you can update most accounts and securities online, please note that you cannot make changes to IRA-BDAs and PAS accounts. Additionally, certain types of business accounts won't permit you to update dividends and capital gains distributions online unless you have full authority. There are some securities that can't be updated, regardless of the account type.
