The ROC from was received on the 19th with a conversion factor of about .963 or 1.037 CHF to the $$. The last price for CHF was 1.033. Didn't check Thursday's rate.
Nice to see some $$ come in from NE.
If all your NE shares are in a IRA, you're over one hurdle already. In an IRA it really doesn't matter if it's a divi or a return of capital. No taxes.
You have to get comfortable that the amounts are correct. Just trace through the .13 franc regular RoC and the .52 franc special RoC times and number of shares and the conversion between $/francs and you're good. Reject all BS about a bad quarter having anything to do with it.
And it would be helpful if you got the number of a non-idiot at Fidelity, so you had somebody reliable to speak to other than whoever answers the complaints line. Not that the non-idiot will stay long, as the discount brokers have a disturbingly rapid turnover, but try anyway.
I appreciate you sharing your knowledge and experience in this matter. I'm 63 and have been managing my IRA for 1.5yrs and am still learing. I've decided to go to Fidility in Tucson on monday and let them sort this out.
If you are saying yours totaled .832 per share that is more than the .66467 we're expecting. So we're due another .16733 ?? I don't think so.
Anyway, the 1099 you get next March should have all the RoC vrs qualified sorted out by then. My discount Scottie usually does a good job of that in the end.