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HanisT

12/29/21 5:15 PM

#43385 RE: i_bought_psid #43384

The dividend is most likely shares of another ticker. Some vets here were in on UNGS that did the same thing years ago and paid out very nicely. I believe the new ticker started trading at .10-.50.

GEGP
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Splash59

12/29/21 5:41 PM

#43386 RE: i_bought_psid #43384

What do you know? First time posting here? Read the stickies to begin with.

GEGP
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foxi

12/31/21 11:53 AM

#43415 RE: i_bought_psid #43384

Depending on your broker, a stock dividend in pennyland can sometimes be bad news to retail unless you're trading in big dollar amounts. TD Ameritrade has a $38 flat reorganization fee and if you're a small time trader you might get like $1 worth of shares. :P

Don't let that possibility deter you from investing in whatever ticker if the DD and risk/reward checks out, but it's something to be aware of.