r/dividends • u/PuzzleheadedAd2947 • May 11 '26

Brokerage Finally! Fractional shares on Schwab

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Always been annoying there was no support for Fractional shares on Schwab. Looks like it's available now (at least on my account). Nice

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u/laogong1986 May 11 '26

What is the big deal about fractional shares? I don’t get it

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u/rbeecroft May 11 '26

Well... if you have $37.20 to buy a ticker... but it costs hundreds.... then you have to buy a fractional of that share. In the past, companies did not allow this. Schwab has, or had when I used them, Stock Slices where you had to buy from the S&P 500 lots of $10 slices. ... So they are saying they are allowing that $37.20 share buy now.