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Tuesday, December 05, 2006 1:40:47 PM
My question: have 510000 shares of EQBM. DIvidend of 1 SOMPF share for each 50 of EQBM. When will I see dividend in my account?
Fidelity: I am happy to assist you. Please stand by while I review your question. Thank you for your patience.
Me:: No problem. Thanks.
Fidelity: Unfortunately, the transfer agent has not given us a date for when the shares will be converted. You can access information concerning this transaction using the companies web site.
http://www.equitablelifeinvestments.com/
Fidelity: This Web site is unaffiliated with Fidelity. Fidelity has not been involved in the preparation of the content supplied at the unaffiliated site and does not guarantee or assume any responsibility for its content. Your use of the site is governed by the terms and conditions, including the privacy policy, described there. These terms, conditions and policies may differ from those described at Fidelity.com.
me: OK. Can I assume that it is your responsibility to make sure the dividends are in the account at some point. I believe 12/16 is pay date
Fidelity: When Fidelity receives the shares we will post them in your account.
Fidelity: Does this take care of your concerns today?
Me:: If you don't receive them by a certain point, maximum being end of restricted 4 months, who is responsible for getting them into my account?
Fidelity: The company that is issuing the dividend forwards the information to the share holders. The shares should be placed into your account with no problem.
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