Why does the cash dividend notification reflect a rate of 0.00?

IBKR receives information on mandatory actions from a variety of third party sources and will forward the information as received to our clients. It is possible that the information is incomplete, such as when a stock dividend has been declared but the reinvestment price for the additional shares is not known. This could happen in cases where the reinvestment price is based on an average of closing prices over a period…

IBKR receives information regarding announced and effective mandatory and voluntary corporate actions from a number of external sources. The information is then passed on to clients on a best-efforts basis. On mandatory corporate action notifications, we do not review information prior to sending therefore we cannot guarantee the timeliness nor accuracy of the information…

Clients may obtain information on both mandatory and voluntary corporate actions from the Investor Relations department of the company involved.

In the event a voluntary corporate action is open for elections, IBKR will, on a best efforts basis, provide a summary of the offer along with the ability for clients to submit their election. In the event of a mandatory corporate action, IBKR will provide general notification of the action, but clients should contact the company directly for details…

At this time, notifications of upcoming corporate actions and dividend events are sent only to those accounts holding a position in the target security. Clients may wish to review the available Research and News Subscription…