[GNC] Negative stock dividend
sunfish62 at yahoo.com
sunfish62 at yahoo.com
Sat Oct 5 13:04:46 EDT 2024
Actually, now that you describe it, I've had many such transactions, although the brokerage called them "adjustments". I've always just entered them the same as other dividends, with the amounts reversed. It's never caused any problems.
David T.
On Oct 5, 2024, 7:19 PM, at 7:19 PM, R Losey <rlosey at gmail.com> wrote:
>Wow. Amazing.
>
>The online articles only talk about a negative yield.
>
>On Sat, Oct 5, 2024 at 11:04 AM Fred Tydeman <tydeman.fred at gmail.com>
>wrote:
>
>> The actual dividend is negative. Money is taken from my cash
>account.
>> On 9/27 a positive dividend was paid (I got money).
>> On 10/2 a negative dividend was "paid" (I had money taken from me)
>>
>>
>> On Sat, Oct 5, 2024 at 5:57 PM R Losey <rlosey at gmail.com> wrote:
>>
>>> While there is such a thing as a "negative stock dividend", it is a
>term
>>> for when a company pays a dividend even though they they lost money
>-- that
>>> is, their net income was negative. This makes the dividend yield
>negative,
>>> not the actual dividend.
>>>
>>> In reality, the dividend itself is still a paid dividend, and can be
>>> entered as such... why WOULDN'T GnuCash support this?
>>>
>>>
>>>
>>> On Sat, Oct 5, 2024 at 9:50 AM Fred Tydeman <tydeman.fred at gmail.com>
>>> wrote:
>>>
>>>> Will Gnucash work with a stock dividend that is negative?
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>>>
>>>
>>> --
>>> _________________________________
>>> Richard Losey
>>> rlosey at gmail.com
>>> Micah 6:8
>>>
>>
>
>--
>_________________________________
>Richard Losey
>rlosey at gmail.com
>Micah 6:8
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