I checked my brokerage activity for November 2011 and saw no ADR fees. I owned XIN then. Can you give me an exact date when this happened? Thanks. My activity very clearly shows a XIN ADR fee for Nov 1, 2012, but nothing in 2011.
Actually movie, it is .03 yearly. They just take out .01 from dividends, and once a year, there is a .02 fee/charge. Last year it was shares in November, and they took it out of my brokerage account in December. Don't be surprised.
My ADR fee was taken out of my brokerage on 12/27/11, but I am sure it is different for each brokerage. For shares held in November 2011, a .02 ADR fee was assessed. My brokerage just didn't catch up to me until December.
That fee that you see was for the .0025 on the dividend. There will be another one of .02 per share before year end.
O.K. I see the fee taken out in December last year. I purchased more XIN for $1.95 on November 10th, 2011. Those shares were not included in the ADR fee, so the cutoff for figuring the fee was sometime earlier.
I don't remember getting an ADR fee on the first dividend of 10 cents per share. Did we? Or were you not here then?