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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 26, 1997
Page
44
A reader asks about dividend timing for street name holdings and three common payout methods. Clarifies record date, ex-dividend date, payable date, and postmark delays, and suggests options including broker instructions and brokerage firm money market checks.
The seven day average yield on money market mutual funds stays at 4.82 percent week over week while 30 day yield holds at 4.86 percent. Yields on money market accounts and various CDs show small changes, with total retail fund assets down 398.4 million to 623.47 billion and taxable funds up 95.8 million to 507.58 billion.
Janet and Neil Graner rent a $1 million Stamford home through Home Marketing Associates while building their own. The program keeps homes lived in, helps sellers, and offers four to five month stays with short notices and utilities covered. The Connecticut franchise lists 50 houses filled and 20 available. rents vary by listing price.
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