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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.
What else can I help you with?
What is mutual funds dividend reinvest book shrs?
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.
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.
Define yield in mutual funds?
Yield is the interest earned on a bond, or the dividend paid on a stock or mutual fund.
What is the meaning of unclaimed dividend?
A company has allocated funds to pay a dividend, but nobody has come forward to claim it.
Is payment of a dividend a requirement of a stock corporation?
No, corporations are not required to pay dividends on their stocks. However, some mutual funds are designed to only invest in dividend-paying stocks, so some corporations pay a miniscule dividend in order that those mutual funds might buy their stock.
Do mutual funds pay dividends to investors?
Yes, mutual funds can pay dividends to investors. Dividends are typically distributed by mutual funds that invest in dividend-paying stocks or bonds. Investors receive these dividends as a share of the fund's income.
What is the difference between exchange traded funds and mutual funds?
Most mutual fund investors take advantage of their fund's automatic dividend reinvestment feature. That saves them the hassle of deciding what to do with the cash that comes their way periodically. If and when the mutual fund pays out a cash dividend, your cut of the dough is automatically reinvested in shares, or partial shares of the fund.
Can you claim losses in mutual funds?
No. Investing in Mutual funds comes with its inherent risks. When you invest in a scheme it means you accepted to take care of your finances in case of losses.
Where can one get more information on Trowe Price Funds?
You can get information on T. Rowe Price mutual funds at the website TheStreet. They have listed what they claim to be the 10 best T. Rowe Price mutual funds.
Do index funds automatically reinvest dividends?
Yes, index funds typically automatically reinvest dividends back into the fund, allowing for potential growth over time.
What are some of the best mutual funds?
There are very different opinions on which mutual funds are the best ones. One site that lists some funds that are considered by some the best is: money.cnn.com/magazines/moneymag/bestfunds/actively.html
On what basis are mutual funds taxed?
shareholders are taxed on the distribution of fund's income. For tax purpose, mutual funds distribute their net income to the shareholders in two ways: (1) dividend and interest payments and (2) realized capital gains.
