Do cash dividends increase cost basis?
Cash dividends do not lower the cost basis of an investment, either when you actually receive cash or when you use the proceeds to purchase new shares. A stock dividend, however, does adjust cost basis, as does a “return of capital.”
Who is the transfer agent for Comcast stock?
EQ Shareowner Services
Direct shareholders can contact our transfer agent, EQ Shareowner Services, to have questions answered or to make account updates. If you’re an indirect shareholder, please contact your broker with questions about your investment.
Who holds Comcast?
Top 10 Owners of Comcast Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 8.14% | 372,614,572 |
| Capital Research & Management Co…. | 4.94% | 226,174,387 |
| BlackRock Fund Advisors | 4.17% | 190,770,609 |
| SSgA Funds Management, Inc. | 3.73% | 170,761,419 |
How do you calculate the cost basis of a stock?
You can calculate your cost basis per share in two ways: Take the original investment amount ($10,000) and divide it by the new number of shares you hold (2,000 shares) to arrive at the new per-share cost basis ($10,000/2,000 = $5).
How do I transfer Comcast stock?
You can transfer ownership, gift your shares or request a name change in your Comcast Plan account by completing and submitting a Stock Power Form. This form, along with instructions can be accessed and printed through shareowneronline.com/Comcast.
Does Comcast stock pay dividends?
Comcast Increases Dividend by $0.08 to $1.00 Per Share on an Annualized Basis in 2021. 28, 2021– Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08 to $1.00 per share on an annualized basis, up 9% year-over-year.
Is Comcast a good stock to buy now?
Comcast stock could have been considered a decent value early in 2020, with a price-to-earnings ratio in the mid-teens. There are also better communications and media stocks available to investors — like Verizon, which is rolling out a 5G network and home internet service, and comes with a 4.5% dividend yield.
How is the cost basis of a stock calculated?
The cost basis is how much you paid for your shares after you take into account stock splits, acquisitions and other events. The difference between your cost basis and the price you receive when you sell the shares is your taxable gain or loss. What You Need to Know to Calculate Your Cost Basis
Why do you need to know the cost basis of Comcast?
It is necessary to determine the cost basis of your Comcast shares for tax-reporting purposes when you sell or otherwise dispose of the shares. The cost basis is how much you paid for your shares after you take into account stock splits, acquisitions and other events.
What is the cost basis of a fractional share?
The cost basis of a fractional share is a proportional part of the cost basis of a whole share. In this example, the cost basis in the 0.997 of a share would be $1.89. * The tax basis of fractional shares would be a proportional part of the basis of a whole share.
What happens to fractional shares of Comcast stock?
Fractional shares of new Comcast common stock were aggregated and sold, with the net proceeds paid as appropriate to those entitled to a fractional share.