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DIVIDEND RE-INVESTMENT PLAN APPLICATION FORM Full name of First Named Holder Section 1 YOUR DETAILS Company to which this plan applies Sky plc 1. Joint Holder(s) Maximum four (4) holders Shareholder

How to fill out dividend re-investment plan application

How to fill out a dividend re-investment plan application:

1. Obtain the application form: Contact your broker or the company offering the dividend re-investment plan (DRIP) to request the application form. They might have it available on their website as a downloadable form as well.
2. Provide personal information: Fill in your personal details accurately, including your full name, address, phone number, and email address. Double-check for any errors to ensure proper communication and verification.
3. Indicate the investment account: Specify the investment account where the dividends should be reinvested. This can be an existing brokerage account or a new account offered by the company.
4. Select the shares for reinvestment: Decide which shares you want to reinvest the dividends into. You might have the option to reinvest all dividends, reinvest only a portion, or specify particular stocks or funds.
5. Review the terms and conditions: Carefully read through the terms and conditions of the DRIP outlined in the application form. Make sure you understand the fees, investment options, and any requirements or limitations.
6. Sign and date the application: Once you have completed all the necessary fields, sign and date the application form. Your signature serves as consent to participate in the dividend reinvestment plan.
7. Submit the application: Send the completed application form back to the brokerage firm or company offering the DRIP. Follow the instructions provided on the form to ensure proper submission.
8. Verify application status: After submitting the application, you may want to contact the firm to verify that they have received it and to inquire about the processing time for enrollment.

Who needs a dividend reinvestment plan application?

1. Investors looking to compound their wealth: Those who are committed to building and growing their investment portfolio over the long term can benefit from a dividend re-investment plan. By automatically reinvesting dividends, investors can purchase additional shares, potentially increasing their holdings and compounding their returns.
2. Investors seeking a passive investing approach: DRIPs are ideal for those who prefer a hands-off investment strategy. With automatic reinvestment, investors can avoid the hassle of manually reinvesting dividends or deciding where to allocate them.
3. Investors interested in dollar-cost averaging: A DRIP allows investors to regularly invest fixed dollar amounts from dividend payments, known as dollar-cost averaging. This strategy involves buying more shares when prices are low and fewer shares when prices are high, potentially reducing the average cost per share over time.
4. Shareholders of companies offering DRIPs: If you already own shares in a company that provides a dividend reinvestment plan, you may wish to take advantage of this opportunity to reinvest your dividends and potentially grow your investment in that specific company.

For pdfFiller’s FAQs

What is dividend re-investment plan application?

A dividend re-investment plan application is a form that allows shareholders to automatically re-invest their dividends into additional shares of the company's stock.

Who is required to file dividend re-investment plan application?

Shareholders who wish to participate in a company's dividend re-investment plan are required to file the application.

How to fill out dividend re-investment plan application?

To fill out a dividend re-investment plan application, shareholders need to provide their personal information, account details, and indicate their desire to re-invest dividends.

What is the purpose of dividend re-investment plan application?

The purpose of a dividend re-investment plan application is to give shareholders the option to grow their investment in the company by automatically reinvesting their dividends.

What information must be reported on dividend re-investment plan application?

The information required on a dividend re-investment plan application includes shareholder details, account information, and dividend reinvestment preferences.

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