ETF Vanguard Australian Shares Index ETF (VAS)

5.2 says the reinvestment price is basically as at ex div date, no mention of end of quarter

 

Implied to be end of quarter, as the ex-date is usually the first business day of the start of the next quarter (e.g. 2nd of Jan).

 

Has everyone else received the distribution that was supposed to be paid on 17 January? I bought my shares back in December, I've updated Computershare so they should be paid into my account and yet they haven't turned up.

 

Mine was in my account on Thursday.

 

Same here.

 

Have you checked very carefully the correct bank details were entered and / or it’s not set to payment by cheque?

 

Double checked and confirmed that the correct bank details entered into Computershare. And while doing so realised that I had not actually stipulated for the distributions to be paid into that account. So I've done that now. Hopefully they will get paid that way and no cheque has been sent out yet.

 

He he, happened to me in the past.

 

Hmmmm.......I just checked my emails and I think I will have to contact Computershare by phone to discuss.

I received email confirmation that I updated my dividend bank instructions for VAS right after I did so today. However, I also received an email on January 8th that is worded exactly the same as the email today (except for the reference number) telling me that I updated VAS bank instructions on that date too.

Hate the idea that my distributions are just floating around out there in the ether somewhere but nothing I can do until Monday I guess.

 

@PKFFW I think you will find Vanguard will hold the funds @ zero interest, until corect banking instructions are provided, i.e. no cheques will be issued. That is common with most distributions/dividends now.

 

I received VGS, VAS, QOZ and MVW dividends on Thursday. Banking / trading with CBA / Commsec.

 

After calling Computershare the issue was found. Vanguard did an issue run on the 3rd of January for payment on 17 January. As my bank details were not entered until the 8th, my distribution was held. It will be paid on the next records round up date of 29 January. So at least I know where the money is, why it hasn't been paid and when to expect it.

 

Phew @PKFFW , that's good news. Does indicate a need to get into the share registry asap after T+2 to get all the admin details right.

 

Sure does. Bit slow because it's my first share purchases. But it's all sorted now and I know the process for next time.