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Tel: +61 2 9019 2800 Fax: +61 2 8214 5869 ABN: 50 103 827 836 ASX ANNOUNCEMENT 9th September 2015 Dividend Reinvestment Plan (DRP) 3P Learning Limited (ASX: 3PL) advises that in accordance with ASX

How to fill out dividend reinvestment plan

How to fill out a dividend reinvestment plan:

1. Contact your broker or financial institution: To start the process, reach out to your broker or financial institution that manages your investments. They will provide you with the necessary forms and instructions for setting up a dividend reinvestment plan (DRIP).
2. Review the terms and conditions: Take time to carefully go through the terms and conditions of the DRIP. Understand how dividends will be reinvested, any fees or commissions involved, and the impact on your tax liabilities.
3. Determine eligibility and enrollment: Some companies may only offer DRIPs to existing shareholders, so ensure that you are eligible to participate. If eligible, complete the enrollment form provided by your broker or financial institution.
4. Specify the securities for reinvestment: If you own shares in multiple companies, decide which securities you want to include in the DRIP. You can choose to reinvest dividends from specific companies or across your entire portfolio.
5. Indicate the reinvestment method: Decide whether you want to reinvest dividends in the same stock or have them automatically diversified into other investments. Some DRIPs offer both options, allowing you to choose what aligns with your investment strategy.
6. Provide your information and signature: Fill out the required personal information on the enrollment form, including your name, address, Social Security number, and signature. Make sure all details are accurate and up-to-date.
7. Submit the form: Once you have completed the form, enclose any supporting documents, if necessary, and submit it to your broker or financial institution. You may be able to submit the form electronically or through traditional mail.

Who needs a dividend reinvestment plan?

1. Long-term investors: Dividend reinvestment plans are particularly beneficial for long-term investors who aim to accumulate wealth over time. By automatically reinvesting dividends, they can effectively compound their investments and potentially achieve significant growth in the long run.
2. Income-focused investors: Individuals who rely on dividend income may find DRIPs advantageous. Instead of receiving cash dividends, they can reinvest them, allowing for potential capital appreciation and a higher future dividend income stream.
3. Investors with a buy-and-hold strategy: For those who believe in the buy-and-hold investment strategy, DRIPs provide a convenient way to stay invested in a company without needing to actively manage their positions. This strategy is ideal for investors who believe in the long-term prospects of a particular stock or sector.
4. Investors seeking cost-effective investments: Many DRIPs are offered without any commission fees or charges. This can be advantageous for investors looking for cost-effective ways to invest in particular securities, especially as regular brokerage fees can add up over time.

Overall, a dividend reinvestment plan can be beneficial for investors seeking long-term growth, income-focused strategies, passive investment management, and cost-effective investments. However, it is always recommended to review the specific terms and conditions of each DRIP and consult with a financial advisor to determine if it aligns with your investment goals and risk tolerance.

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What is dividend reinvestment plan?

A dividend reinvestment plan is a program that allows shareholders to automatically reinvest their cash dividends into additional shares of a company's stock.

Who is required to file dividend reinvestment plan?

Shareholders who wish to participate in a dividend reinvestment plan must typically sign up for the program.

How to fill out dividend reinvestment plan?

To fill out a dividend reinvestment plan, shareholders must contact their broker or transfer agent to sign up for the program and provide any necessary information.

What is the purpose of dividend reinvestment plan?

The purpose of a dividend reinvestment plan is to allow shareholders to reinvest their dividends into additional shares of stock, potentially increasing their investment over time.

What information must be reported on dividend reinvestment plan?

The dividend reinvestment plan typically requires information such as the shareholder's name, contact information, and the number of shares to be enrolled in the program.