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DISTRIBUTION REINVESTMENT PLAN PARTICIPATION FORM Only residents of Canada are eligible to participate in the Plan. Do not complete this form if you wish to receive cash distributions only. I wish

How to fill out distribution reinvestment plan participation

How to fill out distribution reinvestment plan participation:

1. Start by reviewing the terms and conditions of the distribution reinvestment plan (DRIP). Familiarize yourself with the rules and requirements set by the company offering the plan.
2. Contact your broker or investment advisor to inquire about participating in a DRIP. They can provide you with the necessary forms and guide you through the process.
3. Fill out the distribution reinvestment plan participation form accurately and completely. Provide all the required personal information, including your name, address, and social security number.
4. Indicate the number of shares you wish to enroll in the DRIP. This could be all the shares you own or a specific number of shares.
5. Determine if you want to reinvest the cash dividends or buy additional shares with the dividends. The DRIP may offer both options, so specify your preference on the form.
6. Choose how you want the fractional shares to be handled. In some DRIPs, if the dividends don't cover the cost of a whole share, they will be reinvested as fractional shares. Decide whether you want these fractional shares or if you prefer to receive cash instead.
7. Submit the completed participation form to your broker or investment advisor. They will process the form and handle the enrollment in the DRIP on your behalf.

Who needs distribution reinvestment plan participation?

1. Investors who want to reinvest their dividends: If you prefer to reinvest your dividends back into the company rather than receiving cash, participating in a distribution reinvestment plan can be beneficial. It allows you to buy additional shares and potentially increase your overall investment.
2. Long-term investors: DRIPs are particularly suitable for long-term investors who are focused on accumulating wealth over time. By reinvesting dividends, you can take advantage of compound growth and potentially benefit from stock price appreciation.
3. Investors looking for a cost-effective strategy: Participating in a DRIP typically comes with lower fees and commissions compared to buying shares on the open market. If you're looking for a cost-effective investment strategy, the use of a DRIP can help minimize expenses.
4. Those seeking to diversify their portfolio: Reinvesting dividends through a DRIP allows you to expand your investment in a particular company without incurring additional costs. This can be an effective way to diversify your portfolio and spread your risk.

Note: Before participating in a distribution reinvestment plan, it is always advisable to consult with your financial advisor or do thorough research to ensure it aligns with your investment goals and risk tolerance.

For pdfFiller’s FAQs

What is distribution reinvestment plan participation?

Distribution reinvestment plan participation refers to the process of reinvesting dividends or capital gains from an investment back into the same investment, typically at a discounted rate.

Who is required to file distribution reinvestment plan participation?

Investors who participate in a distribution reinvestment plan are required to file their participation to report any reinvested dividends or capital gains.

How to fill out distribution reinvestment plan participation?

To fill out a distribution reinvestment plan participation, investors need to report the amount of dividends or capital gains they have reinvested, along with any relevant account information.

What is the purpose of distribution reinvestment plan participation?

The purpose of distribution reinvestment plan participation is to track the reinvestment of dividends or capital gains, and to ensure accurate reporting for tax and investment purposes.

What information must be reported on distribution reinvestment plan participation?

Investors must report the amount of dividends or capital gains reinvested, the investment account number, and any other relevant account information.

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