Dividends Invest Amount Value (Div Income vs Reinvest Div)
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jsurpless
Member ✭✭
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)
The latter doesn't tally the investment amount when I select the record (1 selected $0.00)
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Best Answer
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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 ProblemQuicken Mac Subscription • macOS Monterey 12.6 on MacBook Pro 13" M15
Answers
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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.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Enable the Invest Amt column in the register to see the amount of the reinvested dividend.Quicken Mac Subscription • macOS Monterey 12.6 on MacBook Pro 13" M10
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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 ProblemQuicken Mac Subscription • macOS Monterey 12.6 on MacBook Pro 13" M15
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