Stockholders should consult with their own tax advisors to determine the consequences of not "opting out" of the
dividend reinvestment plan.
0867 per share, the Premium Dividend and enhanced
Dividend Reinvestment Plan provide Canadian shareholders with the following options:
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.
Most companies that issue dividend-paying stock also have automatic
dividend reinvestment plans.
Under the
Dividend Reinvestment Plan, registered shareholders may elect to receive all or part of the dividends on their shares of common stock in additional shares of common stock.
One particularly beneficial aspect of the buy-and-hold strategy is the compounding effect that a
dividend reinvestment plan can have on your return.
NYSE: XRM), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, today announced that it has secured an amendment to its existing senior credit facility and entered into an agreement with certain shareholders with respect to the Company's contemplated
dividend reinvestment plan.
