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Wednesday, 10/25/2023 10:47:02 AM

Wednesday, October 25, 2023 10:47:02 AM

Post# of 432616
Need help about IDCC dividend payment by my broker

Recently, (9-1-2023) my account was moved from Ameritrade to Charles Schwab through the merger of the two companies.

Ameeritrade ALWAYS had my dividends in my account at 7:30 AM. Only on a rare occasion, would a dividend of another company be credited dmid-day.

Since the merger, Schwab would NOT credit me until as late as 7:30 in the evening, and I could not move the funds until the next day.

Anyone experiencing the same issue with Schwab ? ? ?

Thanks for your help.

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