The discount drip price is 41.799.
Those who pay a significantly different price, please name your broker here and the price you paid to 4 decimal places.
For those who do get the discount, please name your broker here with the date and time the drip shares were posted to your account. Last Q, Fidelity was a couple of days slower than Ameritrade.
Already have an Etrade report. The usual screwing.
Posted to the "countdown" thread:
<<<ETRADE is screwing their customers. Got my DRIP price this morning at $43.998.>>>
Vangaurd has no idea about such a drip. They are a drip and told me not to beleive these message boards. I wish I could dump Vangaurd but I am locked in with my retirement monies with them while :m still employed.
Down with Vangaurd!!!!
Instead of telling Vanguard you read about the discount drip on a message board, go to ETP's website and read it for yourself.
Do a copy of the drip plan URL and paste it to an email to Vanguard.
Also, don't let the front line flunkie bully you. Ask to speak to a supervisor and keep going higher until you get a sensible answer or a straight refusal to participate.
If you get a refusal, go to your HR department. Your employer has more clout with Vanguard than you do. Suggest to the plan administrator you consider it a breach of fiduciary for for the plan to not act in your best interest with Vanguard. Under ERISA, a plan administrator is personally liable for breach of fiduciary duty. Just hearing those words puts fear of DOL in their hearts.
you can believe this msg board on drips. I also have Vangard for my retirement acct. I called them one day to buy some preferred stocks so I could get 7 percent dividend payments. The person who answered the phone did not know what preferred stocks were. They are a joke but my employer uses them.
Appreciate what you are doing but the issue is that it is the responsibility of the unitholder to ask for a DRIP on a "Special". You need to ask your broker to enroll at TD for example and other brokers do not participate in the company drip programs. If you broker does not participate I suggest walking to another broker. I did that with RBC & Ameriprise last year when both said no.
Well, if Schwab posted the drip shares the administrator has released them electronically.
Your post was before noon the day after the pay date. Administrator has this down pat now, imo. Let's post when the other brokers credit the drip shares to individual accounts. If Schwab got the electronic credit, so did all the other brokers.