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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.

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16y ago

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What is mutual funds dividend reinvest book shares unclaimed funds from MetLife?

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.


Where can someone find the basics on mutual funds?

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.


If stock is purchased a week pre dividend date who gets the dividend?

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.


Will a 10 percent stock dividend increase the number of shares outstanding and decrease the book value per share?

A 10% dividend not make any difference whatsoever to the number of issued shares. Neither will it effect the book value of its shares.


What stocks are best to invest in?

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.

Related Questions

What is mutual funds dividend reinvest book shares unclaimed funds from MetLife?

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.


How do you claim a mutual funds dividend reinvest book shrs?

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.


Where can someone find the basics on mutual funds?

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.


What is the entry to book accrued dividend?

Accrued dividend A/c...............Dr Dividend account.....................Cr Cash Ac.......................Dr Accrued dividend A/c..........Cr


Who wrote the book your mutual friend?

The book Our Mutual Friend was written by Charles Dickens.


If stock is purchased a week pre dividend date who gets the dividend?

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.


What has the author Arthur Scratchley written?

Arthur Scratchley has written: 'On average investment trusts and companies dealing with stock exchange securities.' -- subject(s): Accessible book, Investments, Mutual funds, Securities


What is your mutual friend book about?

Mutual Friends on Facebook are friends that you and another user have in common.


Where can I find a bank that allows mutual funds and free checking?

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.


Current corporate dividend tax rate in India?

At per the text book its 13.2345%


The effect of a stock dividend is to?

To increase the book value per shear of common stock


Will a 10 percent stock dividend increase the number of shares outstanding and decrease the book value per share?

A 10% dividend not make any difference whatsoever to the number of issued shares. Neither will it effect the book value of its shares.