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Student Transportation, Inc. Message Board

  • stormfront2020 stormfront2020 May 17, 2013 12:00 PM Flag

    Dividend Question

    I purchased 1000 shares of STB on Jan. 9th 2012
    Every month foreign tax is paid directly & the remaining amount is reinvested in stock.

    Here's the monthly amount (after taxes) that's been reinvested.

    02/15/2012 $39.49
    03/15/2012 $39.87
    04/16/2012 $39.77 Down From Previous Month ?
    05/15/2012 $39.86
    06/15/2012 $39.33 Down From Previous Month ?
    07/16/2012 $39.87
    08/15/2012 $41.09
    09/17/2012 $42.15
    10/15/2012 $42.08 Down From Previous Month ?
    11/15/2012 $41.38 Down From Previous Month ?
    12/17/2012 $42.41
    01/15/2013 $42.65
    02/15/2013 $41.97 Down From Previous Month ?
    03/15/2013 $41.67 Down From Previous Month ?
    04/15/2013 $41.89

    How is it possible for the amount to go down on certain months ?
    Does the dividend tax change on a monthly basis ?
    I'm pretty sure the dividend payout has been the same every month.
    $0.0463683 per share

    Every month I have more shares than the previous month & unless the tax percentage changes, the net amount should ALWAYS be higher than the previous month.

    No, I haven't purchased additional shares, only reinvested dividends.

    What am I missing ?

    Thanks In Advance!

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STB
6.14-0.01(-0.16%)Dec 17 4:00 PMEST

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