TDAmeritrade has morons for reps because they are a shit company to work for.Every dividend/distribution has a record date. You have to be a shareholder of record as of that date to receive the dividend. When you buy or sell a stock, there is a three business day settlement period. The ex-div is typically three days before the settlement date.The key to receiving any dividend is to own the stock on the record date and you are not an owner until settlement is completed.
Thanks ACJ. Yeah, that’s what they told me. Mike seemed to think differently? I’m fine with it. What I wasn’t fine with, was talking to eight people who gave me eight different reasons why I only got a partial distribution. I understand it’s not a traditional dividend and so forth, but certainly if one person could look at it and know what the problem may have been, then someone in the corporate action team could have known also.