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Stock Dividend question
Posted on 1/30/14 at 2:29 pm
Posted on 1/30/14 at 2:29 pm
So, I recently picked up a few shares of KMR. It does a quarterly dividend that is paid out in stock. This is not a dividend reinvestment plan but actual stock dividend.
My question, my purchase was very small, I have fewer shares then will net 1 single share off of stock dividend.
Do most companies offer partial shares in this situation or is it exchanged for a cash dividend?
TIA.
My question, my purchase was very small, I have fewer shares then will net 1 single share off of stock dividend.
Do most companies offer partial shares in this situation or is it exchanged for a cash dividend?
TIA.
2
Posted on 1/30/14 at 6:16 pm to Oenophile Brah
Bump for no response.
I know a few stocks pay out dividends in the form of stock. From my research, it appears the dividend is treated like a split(creation of shares). Still curious if anyone has any experience.
I know a few stocks pay out dividends in the form of stock. From my research, it appears the dividend is treated like a split(creation of shares). Still curious if anyone has any experience.
Posted on 1/31/14 at 4:32 pm to Oenophile Brah
I own partial shares in things due to this. Yes. They will offer partial shares.
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