Yes, for a stock dividend, it is easy to check if it has been reinvested correctly.In my case, it was a stock mutual fund distribution and, while the reinvestment didn’t show up for a few days, the reinvestment price was correct. It'll be more difficult to determine if the late reporting for a money market resulted in a loss of interest.
I've had Schwab be late but they always show it with an "as of" date. Like: 1/2/25 dividend reinvest $100, as of 12/29/24.
USBI doesn't show any "as of" date online. I'll soon see what the January statement shows.
For GABXX, the activity on 1/31 made me think that USBI held the dividend for two days before reinvesting.
Statistics: Posted by indexfundfan — Sun Feb 02, 2025 5:47 pm