Turn Stock Lending off , .39 in 4 months vs .48 per share of ARCC.

If you have Stock Lending turned on . I didn't even realize I did until today. ARCC give .48 cents a quarter per share at $18.50 (roughly) a share. Because my 24 ARCC shares are being borrowed instead I will likely receive cash-in-lieu of payment instead for those 24 shares . That is not recognized as dividends so it won't automatically reinvest itself and it will be taxed to death unlike the completely untaxed dividend. In 4 months it was on without me knowing it they have given me a total of .39 cents . I should have checked sooner but you live and you learn.

Also when momentum trading or doing long calls , anytime you let them borrow it helps keep the price from going up . If they can't borrow they run out of leverage and can't hold us back anymore. Please check your account if you're unsure it takes two seconds. Unlike the option to activate it which is a big shiny button to deactivate it you must click view stock lending (new shiny button that replaced old activate shiny button) then click the options gear ⚙️ in the top right and it'll pull up all your accounts from there just disable it. They give you so much less than what the stock actually represents in that time frame. Even their quants and algorithm trading can't force you to loan out your stake in the company. You void your voting rights while loaned out , and it gives them your voting rights instead for the duration of the loan. From what I can research unless you already have tens of millions of shares to loan out it is not worth it in any way.