Why was my dividend accrual reversed?

If you are eligible to receive a dividend payment (please see the IBKR Knowledge Base), an accrual representing the dividend expected to be paid by the issuer at a future date will be posted to your account balance on the Ex-Dividend Date…

On the ex-dividend date for a cash dividend, IBKR will accrue the expected dividend to eligible accounts. The dividend will continue to accrue until the funds have been allocated by the clearing agent or depository. Upon receipt of the funds, IBKR will reverse the dividend accrual and post the dividend to the cash balance of the account…

IBKR will reflect upcoming dividend payments as an accrual in client accounts on or shortly after the ex-dividend date. Upon receipt of the funds through our clearing agent or depository, the accrual will be reversed from the account and the cash dividend will be allocated to the Cash Balance of the account. This action typically will occur on the announced payment date of the dividend…

Yes, once a dividend is accrued it will be included in the account's Net Asset Value (NAV). The accrual will generally start on the Ex-Dividend date and will be reversed out of the Dividend Accrual and posted to the Cash Balance on the payment date. The NAV will be impacted on the ex-dividend date when the accrual is processed…