Has anyone else had the experience of seeing their dividend checks arrive a day or so later each month? I used to receive mine around the second or third day of the month. It has gradually arrived later and later. Today is May 8 and I still haven't received the check.
While the official ADVDX spreadsheet -- http://220.127.116.11/632754.pdf -- indicates payments being made the last business day of each month, my broker, beginning in 2012, began posting the actual dividend payment the first business day of the following month. Previously, the dividends had been posted in my account the day corresponding to the spreadsheet date. It would appear Alpine is indeed making the payment one day later than was the practice in 2011 and prior years.
I get my 16% dividends consistently at the end of the month. I didn't dump this stock during the crash of 2008 so I have large loss although dividends are reducing that loss. collecting for at least 7 or more years. Just scared of what the future has in store. How much lower can it go before it ends? Any ideas?