RE:RE:Dividend Payment?
JayBanks wrote:
Compypaul wrote: Payment date for BRE was Friday, December 30. Normally, these Friday dividends show up Saturday at 4:00 a.m. or so. Sometimes, as in this time, they don't.
What are others experiences with Friday payment dates?
I'm with Scotia iTRADE and received none of my end-of-month dividends this morning. They're not likely to show up now until Wednesday at 4:00 a.m.
Thanks for any info you can offer.
I'm also with itrade and have a similar issue, I believe the account system is basically down for the weekend, along with the hung up dividends, I also have a trade that shows in my transactions but is not calculated or shown in my portfolio properly and in a margin account the margin allowance was not re-calculated today.
As frustrating as it is, I'm sure it will all be worked out likely by Tuesday, as last time I seen similar issues it was the 2nd regular day that things went back to normal.
Thanks Jay; comforting to know I'm not alone in my frustration.
It bothers me that some folks might need this money to pay expenses at the beginning of the month, that iTRADE doesn't seem to acknowledge the delay and that it makes calculating income for some accounts difficult, since the money is 2022 income but isn't deposited until 2023.
At any rate, I wonder if other brokerages have similar blind spots or breakdowns? This seems to happen with iTrade roughly once every month or two.