Dividend Retrieve and Recordings

[Cole]

Hi Mark,

When reconciling accounts I had an issue between "Dividend Reinvestment" and "Retrieved Dividends" on bond and REIT ETF's. They were both being recorded as transactions in the account about 4-5 days apart. "Retrieved Dividend" was the incorrect transaction that was being recorded earlier the month. "Dividend Reinvestment" was the correct transaction being recorded 4-5 days later. Do I have the settings wrong? How can I prevent this in the future?

Thank You,

Cole

[Mark]

Hi Cole,

It sounds like you may be retrieving dividends from both your broker and Yahoo. If you're retrieving transactions from your broker, then you don't want to also retrieve from Yahoo. When using the Pro or Advisor versions with "Yahoo (Historical)" there is an option to retrieve dividends and splits. Un-check those options in your case, as you're already getting this information from your broker.

[Cole]

Thank you Mark. Can you please refresh me on how to uncheck those options? I selected options, then internet settings but wasn't sure where to uncheck that option.

[Mark]

Hi Cole,

The options only come up when you do a price retrieve, and the quote server is Yahoo (Historical). It is on the dialog that asks for the date range to request.

You control the default quote servers under "Options / Internet Settings...".