If I have Certegy stock in my 401(k) plan account, will the $3.75 cash dividend be deposited into my 401(k) account or mailed to me directly?
A- The Certegy stock fund in the 401(k) plan is a unitized stock fund. The special $3.75 cash dividend will be paid to the Certegy stock fund and reinvested in Certegy stock based upon the rulesof the Certegy stock fund. Each 401(k) plan participant that has a portion of his or her account invested in the Certegy stock fund will receive additional units in the fund as a result of the special dividend.
Related Questions
- Can I close my Direct Stock Purchase and Dividend Reinvestment Plan account or sell a specified number of shares, and keep my account open?
- If I have Certegy stock in my 401(k) plan account, will the $3.75 cash dividend be deposited into my 401(k) account or mailed to me directly?
- Does Grainger offer a direct stock purchase plan and/or dividend reinvestment plan?