The one thing that concerns me with this TDA thing is that numerous folks have said TDA thinks this is a split, not a dividend. If a 20:1 split, you'd end up with 20 shares for each 1 share owned; with a dividend, you'll have 21 shares for each 1 owned. TDA clients (includes me) should check carefully to make sure TDA gets the distribution correct if they really do think this is a split.

I actually suspect it is their customer service "brokers" that have the bad info, but it can't hurt to make sure when the distribution does occur, it is done correctly.