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#1
08-26-2004, 12:01 AM
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 Reinvest Dividends in Money As near as I can tell, it just adds shares..and does not affect the average cost of the stock. To calculate that, I had to use my broker's web site calculations. - quote - > -----Original Message----- > I have a question regarding how money nahdles reinvesting of dividends. > When you enter a reinvest dividends transaction to a portfolio, does money > recalculate the amount reinvested and the new shares purcahsed into the > average cost of the stock? Or is it just an add shares with no affect on > the average cost. I know Money adds the reinvestment into the gains...was > hoping if someone could clarify that for me. > Thanks. > . |
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08-25-2004, 06:23 PM
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| Re: Reinvest Dividends in Money In microsoft.public.money, Harjinder Singh wrote: - quote - > I have a question regarding how money nahdles reinvesting of dividends.
The cost basis is maintained for the stock as a separate purchase.> When you enter a reinvest dividends transaction to a portfolio, does money > recalculate the amount reinvested and the new shares purcahsed into the > average cost of the stock? Or is it just an add shares with no affect on > the average cost. I know Money adds the reinvestment into the gains...was > hoping if someone could clarify that for me. Average cost will be displayed taking the dividend reinvestment into account if you configure that column into the Portfolio view. However when you sell stocks in the US, average basis is not used. For funds it can be, and often is. |
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#-1
08-25-2004, 05:43 PM
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| Reinvest Dividends in Money I have a question regarding how money nahdles reinvesting of dividends. When you enter a reinvest dividends transaction to a portfolio, does money recalculate the amount reinvested and the new shares purcahsed into the average cost of the stock? Or is it just an add shares with no affect on the average cost. I know Money adds the reinvestment into the gains...was hoping if someone could clarify that for me. Thanks. |
| Tags |
| dividends, money, reinvest |
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