I use Fidelity, Robinhood, SoFi, and M1 Finance. All of them allow fractional shares.
Boiler Room: The Official Stock Market Discussion
its2late2hate
Rookie
thanks for the quick info fellas, Just opened a Fidelity account. I will use that to grab some fractional shares of the blue chips (Google, Amazon, and TSLA,)
I will stick with Etrade for the smaller level plays. (basically any stock that is under $200 per share
I will stick with Etrade for the smaller level plays. (basically any stock that is under $200 per share
Slim
Superstar
Leading up to, and during the dot com bubble, tech companies were splitting stocks every year. It was all good until it came crashing down.
Not saying the splits and a crash are correlated.
Wow, even more bag holders will be able to get out if they avg cost was around $200.
Stock splitting the new pump and dump for 2022
you misunderstand
short sellers are required to pay out dividends even on naked shorts.
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I Really Mean It
Veteran
Nobody is trying to sell GME after this news. People are trying to buy in before the cost is more prohibitive than it arguably already is.
have you used public or moomoo and if you have how is it?
Rickdogg44
RIP Charmander RIP Kobe
How you have a split via dividend ?
Stock Splits And Stock Dividends - principlesofaccounting.com
Stock Dividends
In contrast to cash dividends discussed earlier in this chapter, stock dividends involve the issuance of additional shares of stock to existing shareholders on a proportional basis. Stock dividends are very similar to stock splits. For example, a shareholder who owns 100 shares of stock will own 125 shares after a 25% stock dividend (essentially the same result as a 5 for 4 stock split). Importantly, all shareholders would have 25% more shares, so the percentage of the total outstanding stock owned by a specific shareholder is not increased.
Although shareholders will perceive very little difference between a stock dividend and stock split, the accounting for stock dividends is unique. Stock dividends require journal entries. Stock dividends are recorded by moving amounts from retained earnings to paid-in capital. The amount to move depends on the size of the distribution. A small stock dividend (generally less than 20-25% of the existing shares outstanding) is accounted for at market price on the date of declaration. A large stock dividend (generally over the 20-25% range) is accounted for at par value.
To illustrate, assume that Childers Corporation had 1,000,000 shares of $1 par value stock outstanding. The market price per share is $20 on the date that a stock dividend is declared and issued:
Small Stock Dividend: Assume Childers Issues a 10% Stock Dividend
Large Stock Dividend: Assume Childers Issues a 40% Stock Dividend
