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How do I download a stock split?

When you download historical securities prices, Quicken also checks for stock splits for the securities in your Quicken Security List. These can be securities you actually own or securities in your Watch List.

Download a stock split if your records are already correct

If you've already downloaded or manually recorded the correct split information for a stock, Quicken keeps your records as they are.

Download a stock split if your current records are not correct

If you haven't already entered the stock split, or if you've entered it incorrectly, Quicken gives you a chance to accept the downloaded split.

  1. Review the list of downloaded stock splits.
  2. Click to place a check mark next to each downloaded split that you want to accept into your Quicken records. (By default, Quicken selects all downloaded splits.)
  3. Click OK.

How did I enter my existing stock split transactions incorrectly?

You may have made a mistake when you entered stock split transactions manually. A common mistake is to enter the wrong date for the split. Stock split transactions officially occur before the market opens on the day of the split.

Watch out, also, for the split ratio. Companies use various formulas to determine how much stock each shareholder should get, such as 2-for-1 or 3-for-1. A 2-for-1 split means that after the split you'll have twice as many shares, each share being worth half of its former value. A 3-for-1 split means that you'll have three times as many shares, each share being worth a third of its former value. For example, if you own 100 shares of the stock YUP, valued at $20 per share, a 2-for-1 split means you'll have 200 shares valued at $10 a share. In either case, your holdings are still worth $2,000.

Notes

  • For each split that you select, Quicken will either add the downloaded split to your investment transaction list and/or your price history file, or replace an existing split with the downloaded correction.
  • When you download historical securities prices, Quicken also checks for stock splits for the securities in your Quicken Security List. These can be securities you actually own or securities on your Watch List.
  • This is the only instance in which Quicken will download splits. So unless you request historical prices on a regular basis, you should still manually enter stock splits as they occur.

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