Re: stock dividend

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In Reply to: stock dividend posted by George on May 24, 2005 at 15:55:56:

: How do I enter a stock dividend? I have a stock that for the first two years after issue paid a stock dividend (additional shares of stock issued) in lieu of a cash dividend. This is not a stock split.

: When I try to enter this it screws up the number of shares and the price. I tried entering using split and also using other distributions.

Hi George,

You could enter it either way, as a split or a reinvested distribution. The split is probably the more accurate way, as that would keep your tax cost basis constant, where a reinvestment would increase your tax cost basis.

If you owned 10 share, and they paid you 1 share in a stock dividend, enter a 11:10 split. Fund Manager can display your shares/price adjusted for past splits. You can toggle this feature on/off with "View / Split Adjusted".

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

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