Dividends Invest Amount Value (Div Income vs Reinvest Div)

jsurpless

Not sure why this happens exactly but my TD Ameritrade brokerage account downloads dividends for a given fund in two different ways (Dividend Income followed by a Buy, or just a plain single Reinvest Dividend).

The latter doesn't tally the investment amount when I select the record (1 selected $0.00)

lhossus

Ah, now I understand:

When selecting a group of dividend transactions one expects the tally of the selected transactions to reflect the sum of all the dividends, not just some of them. The tally is useless, and misleading, otherwise.

The Invest Amt column is a recent addition to Quicken for Mac so it is not surprising that a bug like this has not yet been eliminated.

I would suggest using Quicken's Help > Report a Problem 

NotACPA

That's because the dividend received is IMMEDIATELY used to buy more shares ... thus resulting in $0.

Run an investment income report to see that it IS actually included.

lhossus

Enable the Invest Amt column in the register to see the amount of the reinvested dividend.

jsurpless

> @lhossus said:
> Enable the Invest Amt column in the register to see the amount of the reinvested dividend.

Hi, it's already enabled - I can see the value but it doesn't get tallied with the other dividend type when multi-selecting

lhossus

Ah, now I understand:

When selecting a group of dividend transactions one expects the tally of the selected transactions to reflect the sum of all the dividends, not just some of them. The tally is useless, and misleading, otherwise.

The Invest Amt column is a recent addition to Quicken for Mac so it is not surprising that a bug like this has not yet been eliminated.

I would suggest using Quicken's Help > Report a Problem