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In this low interest rate environment, little isto be made. It is more the actual use of the money even for a day or two delay that gives thetransfer agent the windfall. When they do actuallypay, they deduct a "fee" as well.
$175 dividend received in my Schwab account.$28 fee deducted.UGH!!!
The fee in reality is an approximation of the15% foreign tax. Unfortunately, it is the transferagent that gets credit for this tax for some reason that I cannot grasp.