Dividend Reinvestment Program Sample Clauses

Dividend Reinvestment Program. If I participate in the Dividend Reinvestment Program, all dividends or distributions paid on eligible securities I have selected will automatically be reinvested into shares of the same security. ▇▇▇▇▇▇ ▇▇▇▇▇ will purchase shares of the reinvestment security in the open market and the price I will pay will be the weighted average price paid by ▇▇▇▇▇▇ ▇▇▇▇▇ in any such market transaction(s). Generally, reinvestment purchases will be made in advance of and credited to my Account on the distribution payment date. In the event the distribution payment amount on an owned security is not known in advance, the purchase and reinvestment will be made as soon thereafter as the amount of the distribution payment can be calculated with certainty, including any necessary currency conversions. If a company offers its shareholders an option to receive their dividend in company stock, known as a scrip dividend, we will use your cash or reinvest election as the basis for allocating your dividend payments. If you elect or have elected company stock and the company suspends or cancels its company stock option, we will continue your accumulation of shares, by reinvesting your dividends through ▇▇▇▇▇▇ ▇▇▇▇▇’ Dividend Reinvestment Program. If the company subsequently reinstates their company stock option and you are reinvesting, your dividends will be paid in shares in accordance with the company’s scrip dividend program.

Dividend Reinvestment Program. (DRIP Program). With this feature, all dividends paid by eligible securities that you designate for reinvestment are automatically reinvested in additional shares of the same security. (For purposes of the Dividend Reinvestment Program, “dividends” means cash dividends and capital gain distributions, late ex-dividend payments, optional dividend distributions and special dividend payments, but not cash-in-lieu payments.) To be eligible for this program, a security must be held, in the account, in street name by HTS or at a securities depository on its behalf. Open orders for securities are not eligible for dividends.

Dividend Reinvestment Program. Except as expressly stated otherwise, the provisions of this Section 28 will only apply if I am enrolled in Robinhood’s Dividend Reinvestment Program (“DRIP”).

Dividend Reinvestment Program. If the company subsequently reinstates their company stock option and you are reinvesting, your dividends will be paid in shares in accordance with the company’s scrip dividend program.

Dividend Reinvestment Program. If I participate in the Dividend Reinvestment Program, all dividends or distributions paid on eligible securities I have selected will automatically be reinvested into shares of the same security. ▇▇▇▇▇▇ ▇▇▇▇▇ will purchase shares of the reinvestment security in the open market, and the price I pay will be the weighted average price paid by ▇▇▇▇▇▇ ▇▇▇▇▇ in any such market transaction(s).

Dividend Reinvestment Program. Baird offers a Dividend Reinvestment Program under which dividends received on eligible securities are automatically reinvested in additional shares of such securities on a commission-free basis. A description of the Dividend Reinvestment Program and the specific terms and conditions applicable thereto is contained in the “Dividend Reinvestment Program and Liquidation of Client Fractional Positions” Section of Important Account Disclosures. By participating in the Dividend Reinvestment Program, Client agrees to the terms and conditions applicable to the Program. If Client is interested in participating in the Dividend Reinvestment Program, Client should contact Client’s Baird Financial Advisor. Client understands and agrees that Baird may, in its sole discretion at any time without notice to Client, discontinue or suspend the Dividend Reinvestment Program in whole or in part, or modify its terms.

Dividend Reinvestment Program. If you enroll in Firstrade's Dividend Reinvestment Program (DRIP), your enrollment will activate within three business days after you notify Firstrade. Eligible Securities, which include U.S. stocks priced above $4.00 per share and selected foreign securities available for fractional investing, must be held in your account. You can choose to enroll individual securities or all Eligible Securities in DRIP, and any changes in eligibility may affect specific securities in the program. Eligible Cash Distributions, such as regular dividends, cash-in-lieu payments, and capital gains, will be reinvested in your chosen securities, provided you held them on the record date and through the payable date. Special dividends, late ex-date, liquidation, and miscellaneous payments may not be eligible distributions. DRIP transactions generally occur the next business day after funds are received, though there may be delays of up to five days. Participation in DRIP is voluntary, and Firstrade does not offer investment advice or guarantee profits through DRIP, nor does it charge fees for DRIP transactions. You can enable or disable DRIP for all securities or individual ones, with changes effective the next business day. To end DRIP participation, simply provide notice through the platform at least three business days before the record date of the next distribution. DRIP reinvestment may result in fractional shares, which entitle you to future dividends but may only include whole shares in corporate actions. Fractional shares cannot be transferred and will be liquidated if the account is transferred, closed, or reorganized. Callable fractional shares are subject to random selection, with the option to withdraw cash in lieu of partial holdings before a call announcement.

Dividend Reinvestment Program. You acknowledge that in order to automatically reinvest your dividends in the security, you must contact Integrated Investment Research and opt in for enrollment in the Dividend Reinvestment Program (“Reinvestment”). Enrollment requests will take effect within three (3) business days at a minimum. If enrollment is in effect prior to the ex-dividend date for a distribution, the distribution will be eligible for Reinvestment. In order for your securities to be eligible for dividend reinvestment, they must be in your Integrated Investment Research Account held at the designated Clearing Firm. It is your responsibility to explicitly state to Integrated Investment Research whether individual securities or all eligible securities in your Account should be enrolled in Reinvestment. You acknowledge that all eligible securities, including securities purchased in the future, will automatically participate in Reinvestment if you elect to have your entire Integrated Investment Research Account set up for dividend reinvestment. Once you are enrolled in Reinvestment, all eligible cash distributions will be reinvested on all securities you selected for dividend reinvestment, provided that you are the Account Owner of record on the record date for determining shareholders eligible to receive dividends, and continue to hold the securities through the payable date. If you are a margin Account Owner, you agree that it is possible that the Clearing Firm will borrow a dividend-paying stock in the normal course of business and, as a result, instead of receiving a dividend payment you may receive a “cash-in-lieu” payment. In the event you receive a “cash-in-lieu” payment, you authorize the Clearing Firm to handle such payment as if it was not “in-lieu” and reinvest it accordingly. You acknowledge that the Clearing Firm may facilitate Reinvestment by purchasing shares in the open market and, as a result, the purchase price for the new shares may not be known before the dividend is reinvested. Furthermore, you acknowledge that participation in Reinvestment may result in the purchase of fractional shares of securities. You acknowledge that you may terminate your participation in Reinvestment, or terminate the enrollment of individual securities in Reinvestment, at any time by contacting Integrated Investment Research. Termination requests will take effect within three (3) business days at a minimum. If termination is in effect prior to the ex-dividend date for a distribution, the d...

Dividend Reinvestment Program. ▇▇▇▇▇ offers a Dividend Reinvestment Program under which dividends received on eligible securities are automatically reinvested in additional shares of such securities on a commission-free basis. A description of the Dividend Reinvestment Program and the specific terms and conditions applicable thereto is contained in the “Dividend Reinvestment Program and Liquidation of Client Fractional Positions” Section of Important Account Disclosures. By participating in the Dividend Reinvestment Program, Client agrees to the terms and conditions applicable to the Program. If Client is interested in participating in the Dividend Reinvestment Program, Client should contact Client’s ▇▇▇▇▇ Financial Advisor. Client understands and agrees that ▇▇▇▇▇ may, in its sole discretion at any time without notice to Client, discontinue or suspend the Dividend Reinvestment Program in whole or in part, or modify its terms.