SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (53499)2/25/2014 11:36:15 PM
From: Elroy  Read Replies (1) | Respond to of 78748
 
It it's an ADR charge I guess it's better than getting the full dividend - which is taxable - and then paying the charge, which is not deductible. I've asked Ameritrade, we'll see what comes back.



To: Paul Senior who wrote (53499)2/26/2014 6:56:29 PM
From: Elroy  Read Replies (1) | Respond to of 78748
 
Here's what Ameritrade says about the SIMO charge to the dividend.

------------

I just checked with our dividend department. They explained this security had a dividend fee of $0.0025 per share. This looks to be a new fee in 2014 as was not charged last year. The ADR agent is Bank of New York and this is typically where the fee would be charged.

-------------

I've never heard of a dividend fee, have you? It is a small amount, but I still don't understand it.



To: Paul Senior who wrote (53499)2/27/2014 12:32:11 AM
From: Elroy  Respond to of 78748
 
Here's another odd thing with SIMO.

citiadr.idmanagedsolutions.com

It says the annual dividend is 59 cents instead of 60 cents.

I want my missing penny!