As previously announced by focus, the focus dividend reinvestment plan. Rbc direct investing offers a wide range of investment choices to help. The dividend yield measures the ratio of dividends paid net income. Macquarie group limited dividend reinvestment plan march 2014 page 2. Dividend means any dividend announced and payable by the company. Eversource offers a dividend reinvestment plan for investors wishing to purchase or sell eversource common stock. Drp means the companys dividend reinvestment plan conducted in accordance with these terms, as amended from time to time. A dividend reinvestment plan drp is the opportunity to invest all or part of your dividends in new shares in the company. You can choose to record a dividend reinvestment when you add or edit a. Identify a widely diversified portfolio of highquality stocks and build up additional holdings at favorable prices. Enerplus unitholders will enjoy a diversified and balanced portfolio of oil and gas assets producing approximately 100,000 boeday with a proved plus probable reserve life index of approximately 14 years. Dividend payment date means the date on which a dividend is payable, as announced by the company. Even small investors can follow such a strategy by investing through dividend reinvestment plans drips. Dividend reinvestment plans also known as dividend reinvestment programs, or drips are a great tool for longterm investors.
Until further notice, all dividends payable by enerplus will be paid in cash. Dividend reinvestment plans sometimes abbreviated to drps allow shareholders to take part or all of their dividend in the form of additional shares rather than cash, with no transaction or. Dividend reinvestment plan this document has three parts. Enerplus announces reduced 2020 capital budget, prioritizing. This plan is available to both present shareholders of. Introduction his offer document contains the terms t and conditions of the summerset dividend reinvestment plan. Distribution reinvestment plan enterprise products. The first part answers frequently asked questions regarding the dividend reinvestment plan the plan of hydro one limited the. These are called optional cash purchase plans ocps. At enerplus, were focused on creating longterm value for our shareholders through a disciplined, returnsbased capital allocation strategy and a commitment to safe, responsible operations. We asked chuck carlson for his top picks in dividend reinvestment plans among the 650 or so companies that offer this special service for shareholders. Pros and cons of dividend reinvestment plans drps asx. Enerplus offers investors the benefits of owning a large. The dividend reinvestment plan drip allows you to automatically reinvest the cash.
Participation in the sdp is optional and allows enerplus shareholders to continue to receive cash dividends unless they elect to participate in the sdp. The stock dividend program sdp was suspended in 2014. Dividend reinvestment plan standard life aberdeen plc. On may 11, 2012 enerplus shareholders approved the implementation of a stock dividend program sdp for investors effective june 1, 2012. Investors also should consider how drips will affect. If you have any questions regarding your specific participation in the plan, please. Assuming the conversion is approved, enerplus plans to make this program available to u. To enroll in the dividend reinvestment plan please call 18008503948 or click here for the current amendment to the plan. The investor does not receive dividends directly as cash. Companies with a higher dividend yield tend to have a business model that allows them to pay out. What you should know about dividend reinvestment plans. Most companies allow investors to purchase additional shares through a dividend reinvestment plan for nominal fees or often no fee at all.
Enerplus announces cash dividend for april 2020 cnw group. Despite the share repurchase program, the monthly dividends and a. Dividend reinvestment plan 7 eligible dividends the board has discretion to determine whether a particular dividend is eligible for the purposes of the drp. Computershare, microsoft s transfer agent, administers a direct stock purchase plan and a dividend reinvestment plan for the company. Dividend reinvestment plan investor relations home. A dividend reinvestment plan drip is a program that allows investors to reinvest their cash dividends into additional shares or fractional. Pm capital global opportunities fund limited dividend reinvestment plan rules 1 1 background 1. Timbercreek financial the company has established this dividend reinvestment plan the plan to provide beneficial holders of common shares of the company.
Dividend record date means the time and date, as determined by the board, at which a person holds or is taken to hold shares for the purpose of determining the entitlement of shareholders to dividends. Enerplus resources fund is north americas largest conventional oil and natural gas income fund. The best dividend reinvestment plans for 2018 forbes. The rules of the drp are set out in the plan rules, a copy of which is included in the next sect ion of this booklet. Keyera reducing its capital program and suspending its dividend.
The investor can use the cash to buy different investments than the one which produced the dividend. In addition, if investors enter into an automatic dividend reinvestment plan, they usually dont have to pay a brokerage fee, bayonnet says. Enerplus announces cash dividend for may 2020 cnw group. The dividend reinvestment and share purchase plan the plan of enbridge inc. The sdp is now available to all shareholders of enerplus, and replaces the dividend reinvestment plan drip which was only available to canadian resident shareholders. One stock that works great in a dividend reinvestment plan is realty income, which not only pays a nice 4. To have a companys next dividend payout be applied to a drip program. The decrease in the share price offers a good investment opportunity. To start a new dividend reinvestment plan account, please see these instructions. To find out more about these programs you may contact. Dividend reinvestment plandrip definition investopedia. A dividend reinvestment program or dividend reinvestment plan drip is an equity investment option offered directly from the underlying company.
No dividend reinvestment plan is complete without these 3. Microsoft investor relations information for investors. This section of the booklet is only a summary of some of the features of the drp and those. Applicable law means relevant provisions of australian law, the listing rules and, in relation to any shareholder. Enerplus also intends to continue to offer a monthly distribution reinvestment plan for eligible canadian shareholders with respect to the payment of any dividends by enerplus corporation. A dividend reinvestment plan drip is an arrangement that allows shareholders to automatically reinvest a stocks cash dividends into additional or fractional shares of the underlying. Dividend reinvestment plan home pacific turbine brisbane. Thats because it takes ownership of only a single share of company stock to establish an.
By participating in the drp you will receive shares in the company without. Macquarie group plan means the macquarie group limited dividend reinvestment plan, the terms of which are set out in. The good news is that there are plenty of companies offering that choice. The compounding interest of drips allows investors to purchase additional shares of stock at little or no cost simply reinvest the dividends, and when enough money is accrued, additional shares are automatically purchased. In addition, investors can reinvest dividends from most companies through their broker. Similar to the drip, the proposed sdp will allow shareholders to receive dividends in the form of shares of enerplus at a 5% discount to the current market price instead of a cash dividend. Enerplus also intends to continue to offer a monthly distribution reinvestment plan for eligible canadian shareholders with respect to the payment of any dividends by enerplus corporation following the conversion. Effective june 1 st, 2012, all enerplus shareholders will now be able to receive dividends in the form of shares instead of receiving a cash dividend.
In short, kerr said the dividend is safe and enerplus will even be expanding its dividend reinvestment plan to include u. Market price means, in relation to a dividend, 95% or such other. The dividend reinvestment feature in sharesight allows you to record dividend reinvestments. The dividend reinvestment plan drip allows you to automatically reinvest the cash dividends. Spire offers a dividend reinvestment and direct stock purchase plan, which provides a convenient way for potential investors to purchase shares of the companys common stock shares are listed on the. Enerplus offers investors the benefits of owning a large, diversified portfolio of income generating crude oil and natural gas properties without the exploration risks commonly associated with traditional exploration and production companies. The new capital investment and dividend reductions reduce our. Distribution reinvestment plan fetching investors content. Enerplus invests in mature crude oil and natural gas producing properties located primarily in western canada with predictable production profiles, long reserve life indices, high cash netbacks and opportunities for low risk development.