LSUTOM07 LSU Fan Baton Rouge Member since Dec 2011 274 posts
How are stock dividends paid out? (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?
Vols&Shaft83 Tennessee Fan Member since Dec 2012 3941 posts Online
re: How are stock dividends paid out? (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.
Online 
