Is it possible combine Fractional Shares?

First Time Investing šŸ£
1

Hi,

Is it possible combine fractional shares into a single fraction share or whole shares?

Iā€™ve searched the communuty but havenā€™t found any info. If there is a topic please post the link / topic subject.

Thanks in advance.

2

Each time you buy a share it is added to your existing balance, so youā€™ll then see the cumulative total. If you bought 0.1 of a share 10 times you would then be holding 1 share in total. Hope that helps. Welcome to the forumšŸ‘

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3

Thank you

4

If the stock you had was dividend bearing, would you get a dividend once you reached one full share on ex date?

5

You do get dividends for fractional shares, just the fractional amount of the dividend.

6

Ex dividend date is the date you no longer qualify. The payment date follows between 2 weeks and a few months later

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7

Oh yea, lol. I meant before the ex date.

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