DIVIDENDS AND INTEREST (RESOURCE) (MAM)

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Dividends which are automatically reinvested to purchase additional stock and interest which is automatically added to a cash account.

Treatment: Consider the dividends or interest as part of the resource to which it was added, e.g., quarterly interest payment of $3.00 is added to previous $500 savings account balance. The total value of the savings account is now $503.

Dividends, interest and royalties paid directly to an individual.

Treatment: Unearned income. see DIVIDENDS AND INTEREST (INCOME) in PART 511, Common Types of Income.