 |
|
AT&T/ Discovery merger and T dividend
04-11-2022, 09:37 AM
|
#81
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
|
AT&T/ Discovery merger and T dividend
I bought enough additional WBD this morning to bring my total shares post spinoff up to a round lot. I’ll just sit on my hands for a while and see how things go.
__________________
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
04-11-2022, 10:52 AM
|
#82
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,586
|
Longtime holders/true believers selling WBD and buying T is what is driving positive price action.
I may trade the stock but not until a trading range and some div history is established. There appears to be little upside and the stock has significant interest rate risk in a rising rate environment.
|
|
|
|
|
04-12-2022, 06:19 AM
|
#83
|
|
Recycles dryer sheets
Join Date: Apr 2009
Posts: 64
|
So how do I figure my new cost basis for T and WBD? 79/21 split of original T basis? I couldn’t make much sense out of the document they sent out. The merger complicates things a bit.
|
|
|
|
|
04-12-2022, 06:35 AM
|
#84
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2013
Location: Gosport, IN
Posts: 1,218
|
My fidelity account today has a new cost breakdown for all shares for both stocks
|
|
|
|
|
04-12-2022, 06:51 AM
|
#85
|
|
Recycles dryer sheets
Join Date: Apr 2009
Posts: 64
|
 Quote:
Originally Posted by wmc1000
My fidelity account today has a new cost breakdown for all shares for both stocks
|
I hold some in both Schwab and TDA accounts (don’t ask why..). Neither has updated as of this morning. Guess I need to keep watching.
|
|
|
|
|
04-12-2022, 07:08 AM
|
#86
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
|
I noticed a similar discrepancy for a spinoff I held at both Fidelity and Schwab. Fidelity updated the basis quickly, Schwab never did.
__________________
|
|
|
|
|
04-13-2022, 01:19 PM
|
#87
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 1,561
|
WBD doing well today.......27.39 +2.71 (+11.18%)
I owned T in both my IRA & HSA long before the spin off, but the total return shown for WBD is different ?
I only own the shares that were spun off. (never bought WBD directly)
__________________
"No beast so fierce but knows some touch of pity, but I know none, therefore am no beast"
Shown @ The End Of The Movie 'Runaway Train'
|
|
|
|
AT&T/ Discovery merger and T dividend
|
04-14-2022, 06:54 AM
|
#88
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
|
AT&T/ Discovery merger and T dividend
Quote:
Originally Posted by ownyourfuture
WBD doing well today.......27.39 +2.71 (+11.18%)
I owned T in both my IRA & HSA long before the spin off, but the total return shown for WBD is different ?
I only own the shares that were spun off. (never bought WBD directly)
|
Odd. Were the T shares in IRA & HSA acquired at different times?
__________________
|
|
|
|
|
04-14-2022, 07:53 AM
|
#89
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2013
Location: Gosport, IN
Posts: 1,218
|
WBD shares were allocated based on purchase dates of original ATT shares so cost basis is different for WBD shares based on those ATT purchased dates.
|
|
|
|
|
04-14-2022, 03:19 PM
|
#90
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 1,561
|
Quote:
Originally Posted by wmc1000
WBD shares were allocated based on purchase dates of original ATT shares so cost basis is different for WBD shares based on those ATT purchased dates.
|
That explains it.
Thanks
__________________
"No beast so fierce but knows some touch of pity, but I know none, therefore am no beast"
Shown @ The End Of The Movie 'Runaway Train'
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
