25
votes
Why can I not buy fractional stock, but see fractional amounts vested?
Fractional shares are interesting in that they don't really exist.
Most companies (nearly all) are set up such that the smallest holding any entity can hold is a 'share'. This is really a hold-over ...
- 359
21
votes
Accepted
Why can I not buy fractional stock, but see fractional amounts vested?
Whether you can buy fractional shares is solely up to whatever broker you're working with (and potentially what type of account). There are plenty of brokers that will allow you to buy fractional ...
- 28.3k
7
votes
Accepted
Can reverse stock splits create fractional shares with infinitely repeating decimals?
No you won't have a repeating decimal number of shares in the company.
You will end-up with an exact integer number of shares. When the reverse split is done, all fractions are turned into cash.
...
- 145k
5
votes
Accepted
Computing profits from fractional stock trading
For fractional shares, people normally express the number of shares as a decimal rather than as a percentage of one share. For example, instead of saying "10 shares and 12.5% of one share", ...
- 17.2k
4
votes
Accepted
Profit from fractional share math
The prices quoted in the market reports are for full shares. So if you own half a share and a full share is worth $185.28, it means that your asset is worth $92.64. Given that you purchased it for $88....
- 185k
4
votes
How would investing in fractional real estate affect my tax situation? If I invest in properties in multiple states, do I need to file tax in each?
Individual investors do not pay state income taxes for dividends from REITs outside the state of their residency. The REIT itself pays state income taxes for all the states it operates in.
If you hold ...
- 185k
4
votes
Accepted
How does ownership in fractional shares work?
Major stock exchanges and major brokerage firms require that you buy whole shares. Some brokers are willing to buy whole shares of stock and divide them up for investors seeking fractional share ...
- 77k
3
votes
How do brokers make money from fractional shares trades?
I would look at it this way.
On day 1 there are multiple trades in and out, and the broker ends up at the end of the day owning some where between 0.01 and 0.99 of each company they allow fractional ...
- 145k
2
votes
Accepted
Will I receive a company's annual reports if I own less than one share?
Paper copies of annual reports cost the company money to produce and mail out, and it is doubtful that they would mail a copy to everyone that owns less than one share. In fact, companies are no ...
- 116k
2
votes
Why can I not buy fractional stock, but see fractional amounts vested?
But I get some shares from my company as compensation and those are
fractional all the time (like 1.7 shares). Also, when dividends are
automatically reinvested, same thing - fractional shares.
Why is ...
- 145k
1
vote
Why can I not buy fractional stock, but see fractional amounts vested?
Fractional shares can be owned via mechanisms where some other party holds an integer number of shares, and you are entitled to a fraction of the profits of that some other party.
An example: Warren ...
- 6,753
1
vote
Why can I not buy fractional stock, but see fractional amounts vested?
Owning a fractional stock is a little like owning a fractional coffee cup.
We think of stock as an investment tool, but that's really more of a useful side effect of the real purpose: indicating ...
- 434
1
vote
Why can I not buy fractional stock, but see fractional amounts vested?
Fidelity supports fractional stock shares. Last I knew it was in their phone app only and the web interface didn't allow it.
Fractional shares require the broker to be an intermediary because the ...
- 8,623
1
vote
Fractional share left after a reverse split
Fractional shares due to a reverse split are handled a number of ways and it depends on the company and the broker.
If your broker offers the ability to trade fractional shares then there's no problem....
- 77k
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