Robinhood Fractional Shares are FINALLY Here! Today the Robinhood App introduced Fractional Shares, a new way to invest with Robinhood alongside a new DRIP program and Recurring Investments.
What are Fractional Shares
With Fractional Shares, you can invest in stocks including Amazon, Apple, Disney, Berkshire Hathaway, and thousands of others with as little as $1. Investing in fractional shares on Robinhood is intuitive, commission-free, and real-time. Choose how much you want to invest and diversify your portfolio with smaller amounts of money.
Dividend Reinvestment Plan (DRIP)
Starting early next year, Robinhood will support the Dividend Reinvestment Plan (DRIP) and Recurring Investments. Automatically reinvest cash dividends back into your stocks and ETFs, and schedule recurring investments. Stay tuned for the launch of these new features.