Sentences with phrase «issue fractional shares»

BMO does offer a dividend reinvestment program, but it does not issue fractional shares, so these ETFs will have an annoying tendency to distribute small amounts of cash that may just sit around in your account earning nothing.

Not exact matches

Are the fractional shares subject to the cost basis issue?

One can not buy fractional shares of stock in a company, and although paper certificates are no longer issued, each share is separately identifiable.