Trading shareholder voting rights

Discussion in 'Stocks' started by IncomeGuru78, Jul 29, 2023.

  1. I recently discovered that you can actually trade shareholder voting rights separately from your shares. I looked into it a little bit and found a site called Shareholder Vote Exchange.

    I rarely use my votes so I'm inclined to monetize them. No point in just throwing them away I guess. Does anyone else have experience with this?
     
  2. Never heard of it. Care to share some quotes on how much you get paid? 0,1% kinda?
     
    IncomeGuru78 likes this.
  3. ph1l

    ph1l

    IncomeGuru78 and David's faith like this.
  4. I actually sold my votes for Eagle Materials ($EXP) which closed yesterday. Had about $6K of stock and made $40 on those votes, which comes out to about 0.6%. Not a ton, but better than nothing.

    https://www.svegroup.com/auction/EXP

    exp-vote-auction-results.png

    My withdrawal is currently processing now, but the team there is pretty responsive. Even did a Zoom call with them.