While retrieving dividend reinvestment transactions on 2-6-24 from my Fidelity accounts I noticed the dividend reinvestment transactions from 2-1-2022 forward were duplicated.
Prior to 2024 the retrieved transaction were a single line entry in FM that looked like the following (apologies that my headings don't align to the amounts):
Example 1
Date Price Shares Total Fee Type Memo
10/31/23 8.889 27.214 241.93 0.00 Dividend Reinvestment Dividend Received; Rinvestment
Starting with January 2024 transactions, the downloaded dividend reinvestments in FM looked like Example 2 that follows:
Example 2
Date Price Shares Total Fee Type Memo
1/31/24 9.560 25.078 239.75 0.00 Purchase Reinvestment
1/31/24 239.75 Dividend Dividend Received
And most frustratingly, for previously retrieved transactions, each entry that used to look like example 1, now has an additional entry that looks like example 2 which creates a double entry for previously retrieved transactions and so the transaction has 3 lines.
In the Cash register for example 1, there was a 2 line entry showing the dividend distribution (a positive amount) and another line showing the purchase of more shares (a negative amount)
In the Cash register for example 2, there is now a single line entry listed as a purchase (a positive number).
Its seems to me that 1) that Fidelity has changed the way transactions are retrieved; and 2) I have hundreds and hundreds of transactions in which transactions that are in the format of example 1 will have to be deleted.
My retrieval settings have always been to download all transactions and skip those already downloaded.
Any suggestions would be appreciated.
Marty