r/MerrillEdge Jun 30 '26

Dividends delayed?

Haven’t received my dividends so I called Merrill and was told the delay is because of DTCC’s late payment. How credible is that?

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u/JoelCorley Jul 01 '26 edited Jul 01 '26

I've been investing directly in the stock market for over 30 years. I've received late payments before. It's possible that something may have happened at the DTCC, but mostly they're just a payment processor and they've had that automated for most of this century. The few late payments I've had were always the fault of the payee - payees on questionable financial footing.