The eligibility of proprietors to receive a payment or dividend is determined by the precise day that the security's issuer designates as the record date.

The stop transfer is an order made for a particular stock or bond certificate that has been reported as lost, stolen, or misplaced. Transfers are thus not permitted until the security has been located or adjusted.

A deadline for the payment of stock dividends that is known. The payment date is the date on which it is anticipated that a declared stock dividend will be distributed to shareholders.

A stock split is a corporate maneuver in which a firm divides its existing shares into several shares. Even if the number of shares grows by a specific amount, the split's real value is kept, therefore the total dollar value of the shares remains constant. Share splits are done for a variety of reasons, including when a company's share price has risen to the point that investors can no longer afford to acquire the shares. "Stock split" may also be referred to as "scrip issue," "bonus issue," "capitalization issue," or "free issue."

A Medallion Guarantee is a seal put to securities that confirms the legality and legal authority of a signature on a certificate or stock power. A Medallion Guarantee is provided by a recognized entity, such as a trust company, broker, or commercial bank. Only firms who are members of an officially recognized program can provide the Medallion Guarantee.

If you lose a stock certificate, please notify us by phone or email as soon as possible so that we may label it as "STOP." After the "STOP" has been formed, it may be essential to complete the "lost instrument bond" form.