I don't know the answer, but I was just made aware that we have unclaimed funds from MetLife. The funds are Mutual Funds/Dividend Reinvest Book SHRS. I was wondering what this means also.
Mutual funds dividend reinvest book shares unclaimed funds from MetLife refer to dividends from mutual funds that have been reinvested into additional shares and recorded in a book-entry system. These shares or funds become "unclaimed" if the rightful owner does not claim them or is unaware of their existence.
The basic principles of mutual funds are easily found by going to a bookstore and browsing the 'finance' section until you see a book with those words in the title.
The person whose name is written on the dividend received book at the time of announcement of divident shall receive the dividend no matters who has the actual dividend paper at the time of announcement date.
A 10% dividend not make any difference whatsoever to the number of issued shares. Neither will it effect the book value of its shares.
Individual stocks are a crapshoot. If the company goes bust you lose your money. Mutual funds are a much safer bet. One mutual fund might contain 100 or more stocks, so if one company goes bust you only lose 1/100, so you don't lose much. There is a lot to know and books like "MUTUAL FUNDS FOR DUMMIES" is a good reference. But in a nutshell, do this: * Buy a no-load (no sales fee) mutual fund. * Buy from a company with very low operating costs. * What kind of mutual fund? An Index fund mutual owns the stock of a stock index, like the S&P 500. It owns those 500 stocks. If that index goes up, your mutual fund goes up. *Don't buy and sell. Buy and hold for the long term (over 10 years) *Use "dollar cost averaging". That means you will buy the same $ amount of mutual funds every single month (eg. $50 or $100 per month is purchased automatically, regardless of whether the market is up or down. These principles are advocated by old Wall Street gurus like Warren Buffett. I like the "Vanguard 500" index fund. If you read the book you won't need a financial advisor. The fees that they charge can make a huge difference. Keep the commissions in your pocket, not theirs.
Mutual funds dividend reinvest book shares unclaimed funds from MetLife refer to dividends from mutual funds that have been reinvested into additional shares and recorded in a book-entry system. These shares or funds become "unclaimed" if the rightful owner does not claim them or is unaware of their existence.
To claim a mutual fund's dividend reinvestment, you typically need to enroll in the fund's dividend reinvestment plan (DRIP). This allows you to automatically reinvest any dividends you receive into buying more shares of the mutual fund. Contact your fund provider or look for information on their website to enroll in the DRIP.
The basic principles of mutual funds are easily found by going to a bookstore and browsing the 'finance' section until you see a book with those words in the title.
Accrued dividend A/c...............Dr Dividend account.....................Cr Cash Ac.......................Dr Accrued dividend A/c..........Cr
The book Our Mutual Friend was written by Charles Dickens.
The person whose name is written on the dividend received book at the time of announcement of divident shall receive the dividend no matters who has the actual dividend paper at the time of announcement date.
Arthur Scratchley has written: 'On average investment trusts and companies dealing with stock exchange securities.' -- subject(s): Accessible book, Investments, Mutual funds, Securities
Mutual Friends on Facebook are friends that you and another user have in common.
You can find banks that offer both mutual funds and free checking by doing some research online. Some popular options include Ally Bank, Charles Schwab Bank, and Fidelity Investments. Make sure to compare their offerings and fees to find the best fit for your needs.
At per the text book its 13.2345%
To increase the book value per shear of common stock
A 10% dividend not make any difference whatsoever to the number of issued shares. Neither will it effect the book value of its shares.