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This form is used to apply for participation in the Dividend Re-Investment Plan for BAE Systems plc, allowing shareholders to reinvest their dividends into additional shares.
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How to fill out dividend re-investment plan application

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How to fill out dividend re-investment plan application

01
Obtain the dividend re-investment plan application form from your brokerage or the company's website.
02
Fill in your personal details, such as your name, address, and contact information.
03
Provide your investor identification number or Social Security Number if required.
04
Indicate the number of shares you wish to enroll in the re-investment plan.
05
Review the terms and conditions of the plan carefully.
06
Sign and date the application form.
07
Submit the completed form to your broker or the company's designated office.

Who needs dividend re-investment plan application?

01
Investors who want to automatically reinvest dividends into additional shares.
02
Shareholders looking to increase their investment without incurring transaction fees.
03
Individuals who prefer to grow their investment over time through compounding.
04
New investors aiming to build a larger position in a stock gradually.
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A dividend reinvestment plan (DRIP) application allows shareholders to automatically reinvest their cash dividends into additional shares of the company's stock, instead of receiving the dividends in cash.
Typically, existing shareholders who wish to participate in the DRIP are required to file the application, which may be stipulated by the company offering the plan.
To fill out a DRIP application, shareholders need to provide personal information, specify their preference for reinvestment, and sign the application to authorize participation in the plan.
The purpose of the DRIP application is to facilitate shareholders' ability to reinvest dividends automatically, thereby increasing their shareholding in the company without incurring additional transaction costs.
The application must typically report shareholder's name, address, account number, number of shares owned, and indicate consent to reinvest future dividends.
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