It's the next generation of dividend reinvestment plans
,'' said James Volpe, director of The DirectInvestor, the educational arm of the Securities Transfer Association, an industry trade group.
3% of the outstanding common stock of the Company as of December 21, 2006, have committed to Xerium that, upon the establishment of the dividend reinvestment plan
, they will participate in the plan through December 31, 2007 at a level such that at a minimum 50% of each cash dividend payable on the Company's common stock, including shares not held by the Apax entities, is reinvested in the common stock of the Company through the dividend reinvestment plan
, provided that the Apax entities are not required to reinvest more than 100% of the cash dividends payable to them with respect to such dividend declaration.
Participants in the dividend reinvestment plan
may elect to terminate their accounts by notifying Computershare via its website at www.
Premium Dividend and enhanced Dividend Reinvestment Plan
We are pleased to announce our 15th consecutive quarterly dividend which, in conjunction with the Dividend Reinvestment Plan
, provides shareholders with a current return and an opportunity to expand their investment in the company," said Joe Martori, chairman of ILX Resorts.
DRPs on Disk lists 975 companies that offer dividend reinvestment plans
to their common stock shareholders.
In connection with the conversion, the Fund will suspend its dividend reinvestment plan
following completion of the reinvestment of the dividend declared April 26 that is payable May 19, 2006.
The Update also released the 10th annual Original Issue/Market Purchased Plan study of dividend reinvestment plan
The Company will continue to offer a Dividend Reinvestment Plan
for investors under the same terms and conditions described in the prospectus and annual report, except that reinvestment will occur monthly.
The quarterly dividends, in conjunction with the Dividend Reinvestment Plan
, provide shareholders with a current return and the opportunity to expand their investment in the company," said Joseph P.
The full amount of the dividend, whether received in cash or in additional shares of the fund pursuant to the fund's dividend reinvestment plan
, will be reportable by U.
Gables filed a Registration Statement for $35 million on Form S-11 with the Securities and Exchange Commission (SEC) on September 27, 1994, with the intent of selling a portion of the shares and providing a shelf registration for a dividend reinvestment plan
which the Company considered having in place prior to the payment of the fourth quarter dividend.