Strange Phone Call

[legion]

Well, I got the check FedEx today. It's about $1,400. Apparently my great Grandmother owned 10 shares of the local bank, valued at around $1,600 each for a total of roughly $16,000. I get 1/12th of that.

My check is my portion plus my portion of the last dividend payment. Funny, I didn't get any dividend payments for the last 20 years...

[Porsche-O-Phile]

Good story - Hey $1,400 is a pretty nice thing if not expected! Congrats!

[Langers]

Originally Posted by legion

Well, I got the check FedEx today. It's about $1,400. Apparently my great Grandmother owned 10 shares of the local bank, valued at around $1,600 each for a total of roughly $16,000. I get 1/12th of that.

My check is my portion plus my portion of the last dividend payment. Funny, I didn't get any dividend payments for the last 20 years...

Damn, I was expecting millions!

Aah well, enjoy the cheque!

[911Rob]

Thanks for keeping us tuned in;
better than a kick in the nuts anyway.
Cheers,

[Dueller]

I'd bet her original investment was at $10.00 per share (or $100 total). That would be about right. Dividends were reinvested maybe?

Weird that it didn't split over the years.