From what I remember, IB makes dividend payments early in the morning on the payment date. Today I have one missing (or maybe delayed) payment. Has anyone noticed something similar? TIA.
No, but I have noticed that every year I receive some negative "ordinary cash dividends." Payments in lieu of dividends are clearly labeled payments in lieu of dividends. I assume the negative "ordinary cash dividends" are payments in lieu of dividends that have been mislabeled? If anyone has a different explanation please pitch in.
IB is sometimes late with my dividends too. I assume it's to do with the underlying stock issuing the dividends. By the way, not sure if it's new or not, but you can opt to reinvest dividends within IB. I noticed it recently in the new UI. Previously, I would do this by hand once a month.