You will get 0.115, but the broker has his categorization wrong. As the press release by IGR states (see URL in my first post), there is a return of capital as part of this distribution. I would ask that question directly to the broker: "The fund's press release clearly states that there is a return of capital as part of this distribution. Are you saying that the fund's press release is wrong?".
just spoke to Scottrade who said they haven't received the dividend yet but they did the return on capital?? Couldn't explain why Schwab and Wachovia has posted the total. "they must have different procedures." She was able to find that 10/31 was the dividend date. We'll see.
Got my 0.115 dollar per IGR share this morning, but it is 2/3 long term capital gain and 1/3 return of capital. Also, my cost basis of IGR is pending update, so I suppose the return of capital is affecting the cost basis.
What is going on? Why isn't there a distribution of regular dividend? Also, why then the stock price popped today?