Adding stock dividend

Use the Stock Dividend sheet to record a dividend in the form of additional shares instead of cash. Unlike cash dividends (or reinvested cash dividends), most stock dividends are nontaxable. The company issuing the stock dividend will inform you whether it is taxable.

To record a stock dividend

1. In the sidebar, select the investment account you want to use.
2. Click the Transactions tab and then click the New Transaction icon in the register toolbar.
3. Select Stock Dividend from the Transaction Types list.
4. Add the stock dividend information:
   • Date - Enter the date when you received stock dividend.
   • Security - Select the security for which you received the stock dividend.
   • Enter the number of new shares issued per share. For example, if you receive 0.05 share per existing share, you would enter .05.
   • Memo - Enter the note you want to associate with the transaction.
   • Tags - Enter the tags that you want to use when searching for the transaction.
5. To add an attachment, go to the Attachments tab, click the Add attachment button, and select the file you want to attach to the transaction.
6. Click Save when you are done.