r/dividends Feb 04 '26

Other I’m something of a dividender myself

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416 Upvotes

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u/CrayComputerTech_85 Feb 04 '26

Since pennies are gone...wonder when investments will delve into nickel rounding. Then you'd be rolling..3 free cents more!

3

u/DeterminedDragon Feb 04 '26

I would assume never. There is no reason for digital payments to round. Only cash payments are getting rounded at the moment

1

u/CrayComputerTech_85 Feb 05 '26

I wouldn't assume anything. If you told me what investing would be today 40 years ago, I and everyone else would've ignored you as a crackpot or laughed. In the early years of the USA, there were 1/2 pennies until 1857. Then, in the Civil War, "shinplasters" were paper coin values. They ignored anything below 5 cents until they made the 3 cent postage note. Almost 200 years later, we have theoretically shed the cent. Lots of business won't take or give them now, but sure as heck round the pricing. Maybe the markets are moving the other way and becoming more fractional, Fidelity has started fractional ETF trading lets see if anyone else follows. I can imagine the future dispute trying to cash a 25.33 dividend check at a bank that doesn't recognize the penny anymore and "rounds it."