CS,
I also hold my PILBF/PLS shares through Schwab. Yes, we will get paid, but it could take a few extra days. An intermediary bank (probably either Citibank or JP Morgan Chase) will act as the trasnfer and clearing agent for the ADRs, so THEY will receive the dividend money the same day as shareholders in Australia and New Zealand, but between the transfer process and the foreign exchange process, it usually takes a few business days, maybe even up to a week, for us to receive the dividend.
There will be some minimal Australian tax on our dividend (fully-franked or not), but I do not recall how much tax was taken out of the last dividend (which was the only Australian dividend I've ever received).
Have a good day
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