Stock Cash Dividend - Scheduled Transactions

PutterFlutters

Trying to create Scheduled Transactions for cash Stock dividends. Seems like it might work but not as pretty as it might be. For instance....

When looking at a "Scheduled Transaction" in the brokerage account register (Transaction view); where there are automatically created columns for Security & Symbol that appear empty and uneditable. Information that would be very useful but...

I compensate for that by using the Memo/Note Column.

There is another automatically created column "Invest Amt" which may for maynot be relevant but as usual I can't find any reference for what those columns should contain. .... Sorta like trying to look up what a pull down menu does.

Comments/suggestions appreciated.

John_in_NC

You can't create investment scheduled transactions (Buy, Sell, Dividend, etc.) You can only create scheduled transactions for cash transactions.

While you can't setup a scheduled transaction for the dividend issued (you will have to manually enter or allow it to be downloaded), you can create one for the transfer of the resulting dividend $ over to another account (say, checking) if that is what occurs in the real world.

The new "Invest Amt" column doesn't apply here: It's more for dividend reinvestment transactions where the cash amount would show $0. The "Invest Amt" shows the amount that actually got reinvested. You couldn't see that in the past without opening up the transaction.

John_in_NC

You can't create investment scheduled transactions (Buy, Sell, Dividend, etc.) You can only create scheduled transactions for cash transactions.

While you can't setup a scheduled transaction for the dividend issued (you will have to manually enter or allow it to be downloaded), you can create one for the transfer of the resulting dividend $ over to another account (say, checking) if that is what occurs in the real world.

The new "Invest Amt" column doesn't apply here: It's more for dividend reinvestment transactions where the cash amount would show $0. The "Invest Amt" shows the amount that actually got reinvested. You couldn't see that in the past without opening up the transaction.