Those brokers that may offer
fractional shares often charge a fee for every fractional transaction, which really seems to undermine the purpose of buying a fractional in the first place.
Not exact matches
The more
often a dividend is paid, the more the problem of being too small an investment size to qualify for reinvested
shares when
fractional share purchases are not available.
This
often leaves the investor with
fractional mutual fund
shares.
Fractional shares are
often described as pieces of a pie.
This means they have many purchases of
shares,
often including
fractional shares, on many different dates, and all at different prices.
This means that the investor purchases, say, $ 100 worth of stock «ZZZ,» and ends up with some very odd, and
often fractional, number of
shares.