How are stock dividends paid out? | TigerDroppings.com

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LSUTOM07
LSU Fan
Baton Rouge
Member since Dec 2011
508 posts

How are stock dividends paid out?



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?






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17626 posts

re: How are stock dividends paid out?


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.





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Mootsman
Mississippi St. Fan
Charlotte, NC
Member since Oct 2012
2258 posts

re: How are stock dividends paid out?


It will show up in the balance of your investment acct as cash holdings.





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Maniac979
LSU Fan
The Great State of Texas
Member since Jan 2012
400 posts

re: How are stock dividends paid out?


(no message)


This post was edited on 2/15 at 9:28 am


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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17626 posts

re: How are stock dividends paid out?


quote:

Not if you sign up for re-investment.



Finally we can agree on something






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LSUTOM07
LSU Fan
Baton Rouge
Member since Dec 2011
508 posts

re: How are stock dividends paid out?


Just checked and I'm not signed up for dividend reinvestment. Cash sounds good to me





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