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Started By
Message
How are stock dividends paid out?
Posted on 2/12/13 at 1:00 pm
Posted on 2/12/13 at 1:00 pm
Rookie question here.. I currently hold Conoco Phillips (COP) and the dividend is set to be paid March 1st. Will this dividend just appear in my trading account or what?
2
Posted on 2/12/13 at 1:13 pm to LSUTOM07
Do you have your account set for reinvestment or cash? If cash, you'll receive a check and a financial statement or it'll be deposited in your investment MM account. If reinvestment, you'll see an increase in your account balance by way of more COP shares.
Posted on 2/12/13 at 3:01 pm to LSUTOM07
It will show up in the balance of your investment acct as cash holdings.
Posted on 2/12/13 at 3:59 pm to Mootsman
(no message)
This post was edited on 2/15/13 at 9:28 am
Posted on 2/12/13 at 5:27 pm to Maniac979
quote:
Not if you sign up for re-investment.
Finally we can agree on something
Posted on 2/12/13 at 10:12 pm to Vols&Shaft83
Just checked and I'm not signed up for dividend reinvestment. Cash sounds good to me
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