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Author: mto01 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27821  
Subject: Quicken and Drip Statements Question Date: 1/7/2000 9:23 AM
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Hi All,

I just received my first account statement for my KO drip showing my OCP purchase for December and the Dividend payment that was re-invested. I have two questions:

1) The purchase price shown on the statement for Dec 15 was $61.279. However, the high price for that day was $61.1875. How is this possible? Do they purchase based on the average monthly price or something?

2) I've heard this asked before and I wondered why they were having problems, but now here I am asking the same thing... I gave them $75.00 for my OCP and the purchase price was 61.279. 75/61.279 gives me 1.2239 shares which the statement shows as 1.224 shares purchased. However, if I go into Quicken and make a share purchase in my Drip Account, it's going to ask me for the number of shares purchased (1.224) and the price per share (61.279) and then Quicken is going to tell me that the total cost was $75.01. Since my account has a $75.00 balance, Quicken will now show a $0.01 deficit in my account. How do I get around this? Do I just enter 1.2239 shares as the amount purchased and remember that my actual KO account rounds up to the nearest hundredth?

Thanks for your help. It was this board that gave me the courage to get out there and start investing.

Awaiting my INTC statement...
MTO
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