We are excited to announce that Stock Distribution will be available as a result of Mergers, Spin-offs and Special Stock Dividends. :raised_hands: The shares will be allocated as per the terms of the corporate event, as long as you are eligible to participate.

Not sure. There could be upside if the US government start funding American chip manufacturers in some way so I’m keeping an eye on it.

Hey, @ect . :wave: Once the event is completed, you can expect new shares as per the terms of the corporate event.

I agree and in someway to incorporate total return by including, for example, dividends received

What do you mean by Special Stock Dividends?

Sometimes companies pay out shares instead of cash, usually if they are low in cash. Not very common though. You can read more about them here: Stock Dividend - Definition, Example, Journal Entries

Hi I’m assuming script dividends are included. For example HMSO went for a script dividend of 20:1 or a cash alternative of 0.2p per share (went ex yesterday). If so will we be asked which one we want to select or will the update now mean that it would automatically be in the form of shares?

This is great. There are companies that are going to split up or spin off some of their subsidiaries into new publicly listed companies. Until now I did not buy shares of parent company because what’s the point, I wont get spin off shares anyway. This update changes that and I’m very happy about it. …

Hey, @Ghomeshaw . :wave: In case a company announce a SCRIP Dividend, you can expect the cash equivalent as per the terms of the event. If anything changes with the distribution process, we’ll make sure to update you accordingly.

Amazing news, thank you so much for your effort T212 team. Would it be possible to elaborate how the cost basis for the distributed stock will be calculated?

[image] rikos96: Would it be possible to elaborate how the cost basis Are you talking about how the bookcost works in the 212 app? I believe it works on AVCO.

Stock distribution is Now Available

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Stock distribution is Now Available

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