Tuesday, July 28, 2020 5:22:01 PM
I just got off the line with Live Chat with Schwab about INVESTMENT INCOME.
the following is the word I got from him:
QUESTION: I see in my account that I am supposed to receive $XXXX in Investment Income this month. When can I expect to receive it?
ANSWER: That investment income number includes money that you could potentially receive in the future, based on dividends and interest from securities that you own now. So you could expect to receivethat number throughout the month, depending on the payable dates for dividends of companies that you own or interest from Bonds or CDs.
QUESTION: OK so can I still expect to receiveit? This is on Lehman Capital Trust shares.
ANSWER: Yes, that is correct. This number is estimated based on historical distributions from prioryear, but it can vary because companies can change dividend payments, and bond issures can default on their bonds. If you don't sell the assets that you currently have, you should expect to receive that number.
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