All things STOCKS

#18,328
#18,328
KnoxLandcruiser said:
Since today is the pay date, I think you’ll see it show up in your account history sometime this evening or even tomorrow morning with a transaction date of today. The history in my Schwab brokerage account (for example), where I can see dividend and interest payment activity, is date stamped but not time stamped. I’ve never gotten the impression it’s updating in real time like a bank account might. I assume it updates at end of day, like mutual fund prices, or over night.

One other thing, I would imagine instances where the div might get processed by the broker at end of day, in which case it might not update until overnight.

Also, I too like microsoft.
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Glad to hear that someone else likes MSFT. It feels like such a stodgy old pick.

To steal from Buffett, "it makes me sleep well at night"

Plus, I lucked out and caught them in April when everything was beat down.

On the other hand, wasted the last two days trying to add more by bottom fishing. Could make a video out of that on how not to buy stock. Paid almost max price possible. Plus, wasted immense time when I needed to be accomplishing productive house chores.
 
#18,331
#18,331
Jax_Vol said:
Thank you so much! Does it show up as cash, more shares of the stock, or something else?

I've collected a few over the years but been awhile since I paid close attention.
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I believe it’ll show as two line items in your transaction history. If you’ve elected to reinvest the div and cap gain distribs, it’ll show up as a dividend and then a second line item as a reinvestment/purchase. If you’ve elected to receive as cash, it’ll show as a dividend and then a sweep to your settlement fund. The treatment of your dividend distributions is a check the box election when you open the account or the position. As far as I know, you can change the election any time for treatment going forward.
 
#18,332
#18,332
KnoxLandcruiser said:
I believe it’ll show as two line items in your transaction history. If you’ve elected to reinvest the div and cap gain distribs, it’ll show up as a dividend and then a second line item as a reinvestment/purchase. If you’ve elected to receive as cash, it’ll show as a dividend and then a sweep to your settlement fund. The treatment of your dividend distributions is a check the box election when you open the account or the position. As far as I know, you can change the election any time for treatment going forward.
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Thank you. Yeah, I have everything set up to reinvest.

Been a rough week... :rolleyes:

Usually, I'm just a buy and hold guy. For that one, it was more of a test for how dividends work. I like the little company, but don't love it at this particular moment in time. Live and learn.
 
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#18,334
#18,334
Go aeiou said:
Trump not gonna fire J powell? Can he do that?

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Trump can fire JP for fraud, but not for monetary policy that he doesn’t agree with. It would have to be because of the $2.5B renovation to the Fed’s buildings. It’s not worth the battle since Powell’s term is up in about 10 months anyway.
 
#18,339
#18,339
YankeeVol said:
It happens
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The final answer to the question. This morning, in Vanguard the dividend showed up as more stock. It had been purchased at $27.90 and today's price is $28.11. Maybe it was bought at end of June which was final day to get onboard to receive dividend. In Fidelity, it showed up as cash so I must not have the reinvest option selected there.

Somewhat interesting little learning experience. For me, I don't think dividends are going to dictate trading again for now. That may change as I age and become a more passive trader.
 
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#18,341
#18,341
Are you guys currently adding new money into the market or holding out for a better buying opportunity? Not monies you have systematically invested from your paycheck - more like you had a bond mature, sold some real estate, inherited money, etc. Hard to find something right now that doesn’t seem overpriced?
 
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