received a stock dividend from Schwab - for AIR LIQUID
Quicken shows transaction but does not post the stock dividend
i went in to update the transaction to a stock dividend- quicken changed the transaction to a STOCK SPLIT and doubled the number of shares
A “Stock Dividend” entry is supposed to create a StkSplit transaction and change the number of shares. It is wholly inappropriate for the transactions reported by Schwab. You were in error trying use that transaction in that way.
I offer no explanation for the correct transactions not downloading. The correct Quicken transactions are relatively straightforward but I am not prepared to offer them at this particular time.
not my understanding =
this from the quicken help site
@leonard kearney "not my understanding ="
My statement that a "Div - Stock Dividend (non-cash)" transaction would not being applicable was for the Schwab transactions you showed inclusive of the ADR Fees, Buys, Foreign Tax Paid, and Qualified Div transactions listed in your opening screenshot. I I understood that your were trying to enter all those within one 'Div - Stock Dividend" entry. Now I see that as likely not the case.
The only point I see missing from Quicken's help presentation is that the end result of the process is a Stock Split transaction (StkSplit).
I see on Yahoo Finance that AIQUY shows a 11:10 stock split on June 9, 2026. Other sources confirm that.
It would appear you bought 13 shares of AIQUY in March that would have been subject to that split. That would have caused them to distribute to you 1 additional share of AIQUY plus some cash-in-lieu amount for the 0.3 shares you were owed but did not receive as shares. I'd expect that CIL for 0.3 shares to be about $12.
The 3 additional shares you bought 6/15/26 would not be subject to that 'stock dividend aka stock split'
If it were my Quicken records, I would have:
Apparently if you query just the right way, you get this (longer) explanation that includes "What happens in your register":
https://info.quicken.com/win/how-do-i-record-a-stock-dividend-noncash-dividend
thanks q - i would suggest this is incorrect. a $100 share(cost basis is 100, market value is 120) in a 2-1 split ends up with 2 shares with a $50 cost basis and a 60 market value. a stock dividend of one share would have a $60 cost basis (market value at time of dividend).
A 'stock dividend' is rarely if ever a 2-1 doubling of the number of shares. It is commonly a few percent increase in number of shares; in this case 10%, 11-for-10. I'm not sure why you are fixated on the 2-1 ratio. My understanding of such distributions is that the company is holding shares of itself, perhaps acquired through 'buy back' situations where the company believes their shares are more valuable than the overall market values them, thus they are a good buy. They then have the ability to distribute shares as a dividend rather than cash.
Ten $100 shares (Cost basis = $1000 = 100/share; Market Value = $1,200 = 120/share) in an 11-10 split or a 10% stock dividend ends up with 11 shares with a $1,000 basis (90.91/share) and a $1200 market value (109.09/share).
In your case, with 13 shares as of the 10% stock dividend date of record, you were 'due' 1.3 shares but you get 1 share and a cash equivalent of 0.3 shares (approx $11-12 by my calculation).
You might ask your favorite AI agent: "Is a 'stock dividend' taxable income per the US tax code?" Mine says No, with limited exceptions. That is primarily (IMO) why a stock split is the equivalent and applicable transaction in Quicken.
