Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: billmeister Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 942  
Subject: Weird stock dividend Date: 9/4/2001 12:43 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Last year I bought 30 shares of Heico common stock (HEI). Recently they declared a 10% stock dividend that was paid in shares of class A common stock (HEI.A). Now I have 3 shares of class A stock as well as the original 30 shares of common stock. How would I determine the cost basis of the class A shares? Would this affect the cost basis of the common stock (HEI)? I did not receive special instructions and their web site doesn't mention anything on how to handle this.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement