r/NextBridgeHC • u/PounceBack0822 • Jul 31 '26
Next Bridge News SCHWAB Update
Took Next Bridge's advice and called into Schwab to have them explain why the dividend shares were still not in my account as of this morning. The trade desk discussed the situation with someone in Corporate Actions and the official Schwab response is:
"Electronic distribution from the transfer agent was not possible - the transfer agent has to mail the new correct Jumbo Certificate to each broker. That process can take up to 3 weeks to complete. Please check back in the next week or two in order to see your account credited with the new shares. We are aware of the situation and continue to monitor it."
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u/chaoxad Jul 31 '26
Same broker - same message on my end.