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Subject Author Date
Reinvest Dividend Richard Zalewski 06-04-2006
Posted by Richard Zalewski on June 4, 2006, 4:12 pm
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This is the first time this has happened and I do not know how to enter the
transaction into Quicken 2005. I have a dividend from a stock that I sold
during the month so the dividend is reinvested in a different stock. I have
always done the reinv div for the same stock.



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Posted by John Pollard on June 4, 2006, 5:03 pm
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> This is the first time this has happened and I do not know how
> to enter the transaction into Quicken 2005. I have a dividend
> from a stock that I sold during the month so the dividend is
> reinvested in a different stock. I have always done the reinv
> div for the same stock.

You have two transactions: a dividend from the stock you sold,
which will increase the cash in your investment account; and a
buy of shares of the new stock for the same amount as the
dividend, which will reduce the cash in your investment account.
Net effect on cash = zero.




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