interpipeline dividend
The company web site says 0.135cad monthly. But I am getting 0.13636/share.
Anybody else on the same boat?
Anybody else on the same boat?
Mar 1st, 2017 4:45 pm
Mar 1st, 2017 7:21 pm
Mar 1st, 2017 7:24 pm
Mar 1st, 2017 7:35 pm
Mar 1st, 2017 7:45 pm
Mar 1st, 2017 7:48 pm
Mar 1st, 2017 7:53 pm
Mar 1st, 2017 8:02 pm
Mar 1st, 2017 8:10 pm
yyz64 wrote: ↑ Neither did I but it appears they have me enrolled in the premium drip plan. I've been getting 101% / share since Nov 2016
Read the first paragraph in the link I provided
"This Premium Dividend™ and Dividend Reinvestment Plan (the "Plan") provides Eligible Shareholders
of Inter Pipeline Ltd. ("Inter Pipeline") with the opportunity to, at the Participant's election, either (i)
reinvest their Dividends in new Shares at a discount of between 0% and 5% to the Average Market Price
on the applicable Dividend payment date under the Dividend Reinvestment Component and have such
new Shares credited to the Participant's account, or (ii) reinvest their Dividends in new Shares at a 3%
discount to the Average Market Price on the applicable Dividend payment date under the Premium
Dividend™ Component, which new Shares will be disposed of under the Premium Dividend™
Component in exchange for a cash payment equal to 101% of the reinvested Dividends. Each component
of the Plan, which is explained in greater detail below, is subject to eligibility restrictions, applicable
withholding taxes and other limitations on the availability of new Shares in certain events.
Eligible Shareholders are not required to participate in the Plan. Eligible Shareholders who have
not elected to participate in the Plan will continue to receive their regular Dividends in the usual
manner.
In order to participate in either the Dividend Reinvestment Component or the Premium Dividend™
Component, an Eligible Shareholder must enroll in the Plan directly or indirectly through the broker,
investment dealer, financial institution or other nominee who holds Shares on the Eligible Shareholder's
behalf"
Mar 1st, 2017 11:40 pm
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