Do I get voting rights for fractional stocks? What about dividends?
No, you will not get voting rights for fractional stocks.
For example, if you own 84.5 stocks of a company, your voting rights will be for 84 shares.
You are eligible to receive dividends on fractional shares.
For example, if you own 34.5 shares of a comapny that announced a dividend of $100 per share, you will receive $3,450.
However, you will not receive fractional money. If you own 0.0001 of a stock and the dividend announced is $5 per stock, you will not receive half a cent.
Still need help? Create Ticket