06-25-2015, 08:12 AM
I notice through my brokerage, Vanguard, I received "x" amount of dividends from RDS.B and the fractional shares were then converted to RDS.A shares that will be converted to cash.
Is this the process for all ADR's? No fractional shares?
I didn't contact Vanguard yet. Just not sure if this process is unique to all ADR's or if it depends on the brokerage concerning ADR stocks.
If I would have known this, I would not have re-invested the dividends in RDS.B stock.
Is this the process for all ADR's? No fractional shares?
I didn't contact Vanguard yet. Just not sure if this process is unique to all ADR's or if it depends on the brokerage concerning ADR stocks.
If I would have known this, I would not have re-invested the dividends in RDS.B stock.