Wednesday, April 23, 2008 6:07:38 PM
First, the number I called to reach Garr Winters was (416) 597-8884.
But there's something more immediate. Cede & Co. appears to simply be an adjunct of the DTC.
So I contacted the DTC and reached the dept. that would give us the answer we seek - namely do they possess the divy to be distributed to our brokers. Here's the rub. They won't divulge the info to non DTC members (ie non brokers and the like). Naturally I called my broker immediately but he couldn't make the call at the time. He'll have to try tomorrow, but I don't want to rely on him alone. So would anyone (everyone) who does NOT use TDA solicit their brokers to make this call. Here's what they need to do:
Call (888) 382-2721. They'll get into an automated system then tell them to choose #4 then choose #1 and finally choose #1 in the 3rd menu. That will lead them to the dividend dept. All they need to do is ask if the DTC has received a dividend for our stock. Once they verify your broker's DTC account info, they'll give him/her a verbal "yes" or "no".
There's no long drawn out paper request needed.
This will verify whether what we're being told is true or not. Simple.
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