What is tax cost basis?

Cost basis is the original value of an asset for tax purposes, usually the purchase price, adjusted for stock splits, dividends, and return of capital distributions. This value is used to determine the capital gain, which is equal to the difference between the asset’s cost basis and the current market value.

Who is the transfer agent for AT stock?

Computershare
Contact the transfer agent, Computershare, at 1-800-351-7221 or you can access information online via Online Account Access. Does AT offer online access to my stock account? You can access your stock account on the Computershare website via Online Account Access.

When did Comcast spin off from AT?

November 18, 2002
On November 18, 2002, Comcast Corporation and AT Corp. combined Comcast and AT’s broadband business. The acquisition occurred in several steps.

What will happen to AT stock after merger?

Under the stated terms, AT will receive $43 billion from the merger in a combination of cash and equivalents, and the retention of debt. In addition, AT shareholders will receive 71% of the outstanding stock in the new company, with Discovery shareholders retaining the balance of 29%.

Is AT a DRIP stock?

The next blue-chip company that has an unfavorable DRIP program is AT (NYSE:T). Although not as egregious as Coca-Cola, it is a shame that AT charges any fees at all. And if you accumulate a share due to reinvested dividends, you have to pay $0.10 plus 5% of the amount reinvested up to $2.00.

What does the AT deal mean for shareholders?

AT shareholders will get 71% shares of the new company while Discovery shareholders will get 29% of the new company. Warner Bros. Discovery will also assume $15 bn worth of Discovery’s debt. Discovery also has ~$2bn in cash and I believe it can generate another $1 bn in cash before the merger closes.

Did AT and Comcast merge?

After six months of conversations with a number of suitors, AT Corp. agreed to merge its cable television and broadband unit with Comcast Corp. in a $72 billion deal, creating a new company called AT Comcast Corp. AT and Philadelphia-based Comcast announced the decision yesterday following a meeting in New York.

Is Coca Cola a DRIP stock?

As of late 2017, I still hold all of my Coca-Cola shares in the Coca-Cola DRIP. However, I’m no longer reinvesting the dividends….Patience Pays – 16 Years of Buying and Holding Coca-Cola.

Is Comcast and AT the same?