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This document is an enrollment form for individuals wishing to enroll in the Dividend Reinvestment and Direct Purchase Plan for First Financial Holdings, Inc. Common Stock. It outlines essential information

How to fill out dividend reinvestment and direct

How to fill out Dividend Reinvestment and Direct Purchase Plan

1. Obtain the Dividend Reinvestment and Direct Purchase Plan application from the issuer's website or customer service.
2. Fill out your personal information, including your name, address, and social security number.
3. Specify the number of shares you wish to purchase directly through the plan.
4. Indicate how you would like to reinvest your dividends (in full or partial amounts).
5. Review the terms and conditions of the plan before signing.
6. Sign and date the application form.
7. Submit the application form along with any required payment to the address provided.

Who needs Dividend Reinvestment and Direct Purchase Plan?

1. Investors looking for a low-cost way to acquire shares without paying broker fees.
2. Economical investors who prefer to reinvest their dividends to increase their shareholding over time.
3. Individuals wanting a disciplined investment approach through regular purchases.
4. New investors seeking a straightforward entry into stock ownership.

People Also Ask about

Is taking the DRP a good idea?

Using a DRP is a passive investment decision that won't help you improve your skills. Of course, every investor is different and using a DRP might be the best option for you. If you want to keep it simple, for example, you could buy a fund with a DRP, allowing you to compound your returns over the very long term.

What is the difference between drip and Dvop?

Dividend Option (DVOP): Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares or cash. To be distinguished from DRIP as the company creates new share capital in exchange for the dividend rather than investing the dividend in the market.

What is the difference between a direct stock purchase plan and a dividend reinvestment plan?

A Dividend Reinvestment Plan (DRIP) is offered by a public company to allow its shareholders to reinvest all or a portion of their cash dividends into additional shares. A Direct Stock Purchase Plan (DSPP) provides an investor the opportunity to purchase shares of a public company without being a current shareholder.

How does a dividend reinvestment plan work?

With dividend reinvestment, you buy more shares in the company or fund that paid the dividend, typically when the dividend is paid. Over time, dividend reinvestment can help you compound your gains by buying more stock and reducing your risk through dollar-cost averaging.

For pdfFiller’s FAQs

What is Dividend Reinvestment and Direct Purchase Plan?

Dividend Reinvestment and Direct Purchase Plans (DRIPs) allow investors to reinvest dividends paid by a company into additional shares of the company's stock, often at a discounted price, without incurring commission fees.

Who is required to file Dividend Reinvestment and Direct Purchase Plan?

Typically, individuals who participate in a DRIP are not required to file a specific form solely for the plan. However, they must report any dividend income on their tax returns. Companies offering DRIPs may need to file certain regulatory documents with securities authorities.

How to fill out Dividend Reinvestment and Direct Purchase Plan?

To fill out a DRIP application, you usually need to provide personal information such as your name, address, Social Security number or taxpayer ID, the number of shares you wish to purchase, and your preferred method of payment. Specific instructions are usually provided by the ensuring company.

What is the purpose of Dividend Reinvestment and Direct Purchase Plan?

The purpose of DRIPs is to encourage long-term investment by allowing shareholders to automatically reinvest dividends into additional shares, thereby compounding their investment and potentially increasing their overall returns.

What information must be reported on Dividend Reinvestment and Direct Purchase Plan?

On a DRIP report, you generally need to include details such as the number of shares purchased, the total value of dividends reinvested, the dates of the transactions, and any applicable fees. Shareholders must also report dividend income on their annual tax returns.