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