Sentences with phrase «receive fractional shares»

Telly: Yes, that is a DRIP, and you are fortunate to receive fractional shares.

The resulting aggregate net proceeds of the sales will be distributed in a pro rata manner as cash payments to those shareholders of record who would otherwise have received fractional shares of Marriott Vacations Worldwide common stock.

This is for the cash (the check) you received in place of receiving a fractional share.

You're treated as if you received the fractional share and then sold it for the amount of cash you received.

Not exact matches

Investors in the parent company Brookfield Asset Management (myself included) were informed on May 16, 2016 that they would be receiving 1 unit of BBP for every 50 shares of BAM.A — for investors with odd lots, cash dividends would be received in lieu of fractional ownership.

Thus, the value of the NXRT common stock, as well as any cash received in lieu of fractional shares, will generally be taxable.

HP Co. stockholders will receive cash in lieu of any fractional shares of Hewlett Packard Enterprise common stock that they would have received after application of this distribution ratio.

By participating in DRIPs, investors can purchase fractional shares, avoid costly transaction fees and even receive a discount on their purchase (discount only offered by some companies and typically ranges between 1 % and 10 %).

Kimberly - Clark Corp. (KMB) spun - off Halyard Health Inc. (HYH) to realize better their shareholder value and as a result of this, I received 2 positions in HYH and $ 10.96 for fractional shares.

Marriott International said it anticipates the receipt of an IRS private - letter tax ruling in September, confirming that the distribution of shares of Marriott Vacations Worldwide common stock will not result in the recognition, for U.S. federal income tax purposes, of income, gain or loss by Marriott International or Marriott International shareholders, except, in the case of Marriott International shareholders, for cash received in lieu of fractional shares.

By participating in DRIPs, investors can purchase fractional shares, avoid costly transaction fees and even receive a discount on their purchase (discount only offered by some companies and typically ranges between 1 % and 10 %).

If the company does not affirmatively announce that fractional shares can be created, you should assume that you will receive a cash payout for your fractional ownership position.

So the cost basis for 98 shares of Company B is $ 2403.16 * (98/98.7049) = $ 2386, whereas the cost basis for 0.7049 share of Company B is $ 2403.16 * (0.7049 / 98.7049) = $ 17.16, which is the cost basis for the $ 31.72 cash - in - lieu of fractional shares received.

If Fidelity does» t deal with fractional shares then you'll receive 205 shares and the cash equivalent of.13 shares.

If the number of new shares you're supposed to receive isn't a whole number, you'll probably receive cash in lieu of (instead of) the fractional share.

Sell orders for fractional shares (no whole shares) are subject to the same commission as Trade Now trade market orders and are priced at the next market close after the order is received.

Sales of fractional shares (no whole shares) are priced at the next market close after the order is received.

DRIPs usually have no commission attached, sometimes allow for fractional share purchases, and increase your stake of ownership such that you receive a bigger payout and thus more shares of stock, in a repeating pattern.

Kimberly - Clark Corp. (KMB) spun - off Halyard Health Inc. (HYH) to realize better their shareholder value and as a result of this, I received 2 positions in HYH and $ 10.96 for fractional shares.