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club_cafe: Stock Dividends
Enter the stock dividend as a 1.05:1 split. Then enter a sale of the fractional shares received for $4.42.
 
Ira Smilovitz
 
In a message dated 06/15/2008 8:44:37 A.M. Eastern Daylight Time, wecanpp@bivio.com writes:
I need some help recording a stock dividend.  We received 5
additional shares of Valley National Bank at no cost.  As
part of the same transaction, we received $4.42 as cash in
lieu.  I would appreciate any guidance.  Thanks so much.




Vote for your city's best dining and nightlife. City's Best 2008.
Thank you.

IraS1@aol.com wrote:
> Enter the stock dividend as a 1.05:1 split. Then enter a sale of the
> fractional shares received for $4.42.
>  
> Ira Smilovitz
>  
>
> In a message dated 06/15/2008 8:44:37 A.M. Eastern Daylight Time,
> wecanpp@bivio.com writes:
> I need
> some help recording a stock dividend.  We received 5
> additional shares
> of Valley National Bank at no cost.  As
> part of the same transaction,
> we received $4.42 as cash in
> lieu.  I would appreciate any
> guidance.  Thanks so
> much.
>
>
>
> Vote for your city's best dining and nightlife. City's Best 2008.