| Q: I received
a stock certificate. What should I do? |
|
A: We
recommend you: (1) Write down the name of company,
CUSIP number, transfer agent, and certificate number,
and store it separately from the stock certificate
(so you have a record when the certificate is lost
or stolen) and (2) set up online account access
with the transfer agent (this will make your life
easier if you want to change your mailing address
or enroll in DRIP).
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| Q: Where can I
find necessary information about stock certificate that I
need to keep record of? |
| A: Each
stock certificate has slightly different design, so
please use the image below as a guideline. In general,
stock certificate number and the number of shares
are on top corner, CUSIP number is near the company
name, and the issue date and the name of the transfer
agents are on the bottom corners. |
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| Q: How can I apply
for DRIP? |
| A: Many
companies that offers DRIP send an enrollment form
to you along with your dividend check. You can also
log in to trasfer agent's online account access page
and make a request. |
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| Q: Can I sell
shares represented in the certificate and still keep the stock
certificate? |
| A: No,
unfortunately, you have to send your stock certificate
when you sell the shares represented by the certificate.
You can, however, deposit certificate into an account
(either broker or transfer agent), sell part of the
shares, then request a certificate to be issued for
remaining shares. This process will result in additional
cost (e.g. shipping of certificate, fee), and re-issued
certificate will not be the same one as before (e.g.
new issue date, different certificate number). |
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| Q: I am moving.
Is there anything I need to do? |
| A: You
need to update your mailing address by contacting
your trasfer agent (either by phone or through online
account access page). |
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| Q: Is there anything
I need to do for tax? |
| A: If
you received dividend, you need to report it as a
part of your income. Please consult with your tax
professional for more detail. |
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