Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

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?

0

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

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123