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Subject:  Stock dividend cost basis Date:  8/27/2001  12:07 PM
Author:  billmeister Number:  53600 of 127522

I bought 30 shares of Heico (common) stock last year. They recently declared a 10% stock dividend (1 share of class A common stock for every 10 of common stock and class A common stock). Besides the 30 shares of common stock, I also have 3 shares of the class A common stock (as a result of the dividend). What would be the cost basis of the 3 shares of class A stock?
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