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Investing - Theory, News & General • VFSUX March End of month dividend missing

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I will say re-invested dividends in monthly issued bond funds were always provided to the customer (at least in my case) without fail over the last 32 years I have been an investor with Vanguard promptly by the end of the month, even when the last day of the month fell on a Saturday, or Sunday, or Holiday.
Since they "encouraged" investors to create brokerage accounts for mutual fund only investor accounts a few years back, mishaps have been occurring, such as this incident now.
I have significant dividends being produced at the end of every month in my case, and in this case, the end of a quarter. I have to gather all that information of business income as well as realized passive income from many different sources, not just at Vanguard, and process it all by April 15 in this case, as I have to pay quarterly income taxes on it all, both state and federal, by that date.
So for me it is not a case of just seeing what I made in dividends in my posts come the end of the quarter. I have a window of two weeks to process all that info to determine my quarterly tax liability.
So I have a legitimate reason for griping when it is not posted promptly and now have to go chasing down the information on the phone beginning on Monday with Vanguard.
As many of you well know, getting a rep on the phone at vanguard is not as easy as it used to be. I think there are fewer phone reps now working for Vanguard, as often the wait to be connected is lengthy.
So I want to nip this issue in the bud with them so it does not become a common problem.
let us know what you find out.

Statistics: Posted by jebmke — Sun Mar 31, 2024 12:36 pm — Replies 33 — Views 1744



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