Notice of Eligible Dividend to Shareholder
under a dividend reinvestment plan (drip), shareholders have the option of automatically reinvesting their dividends in shares of the firm’s common stock. in an open market purchase plan, a trustee pools all the dividends to be reinvested and then buys shares on the open market. shareholders use the drip for three reasons: (1) brokerage costs are reduced by the volume purchases, (2) the drip ... ................
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