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Old 01-03-2005, 12:39 AM
Cal Learner-- MVP
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Default Re: Dividend for stock already sold

In microsoft.public.money, Donald S. Goldman wrote:

- quote -

> I just received a dividend for a stock that was eliminated by a merger.
> What happened is that the merger was effective 11/30 but the dividend
> was payable 12/15 to stockholders of record as of 11/15. When I try to
> enter the dividend, I can't because as of 12/15, the stock no longer
> exists in my portfolio.


You can't?

- quote -

> Suggestions for recording this transaction?

Enter it as a dividend in the surviving company.

  #-1  
Old 01-03-2005, 12:21 AM
Donald S. Goldman
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Default Dividend for stock already sold

I just received a dividend for a stock that was eliminated by a merger.
What happened is that the merger was effective 11/30 but the dividend
was payable 12/15 to stockholders of record as of 11/15. When I try to
enter the dividend, I can't because as of 12/15, the stock no longer
exists in my portfolio. Suggestions for recording this transaction?
 

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dividend, sold, stock
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