Recent

% | $
Quotes you view appear here for quick access.

American Capital, Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • towigg1964 towigg1964 Apr 17, 2009 9:23 AM Flag

    dividend

    If I am reading these right, Ribi1's explanation, along with yours, would result in the same result if all shares were sold at once. The two interpretations would make a difference only if some of the shares were sold.

    Ribi1's explanation looks to be a bit easier to handle accounting wise, just treat the previous shares the same, and treat new shares the same as a purchase, with the declared stock dividend amount as the cost basis.

 
ACAS
15.57-0.26(-1.64%)Jun 27 4:00 PMEDT