Can you reinvest dividends after purchase?
When a stock or fund you own pays dividends, you can pocket the cash and use it as you would any other income, or you can reinvest the dividends to buy more shares.
Does Rio Tinto have a dividend reinvestment plan?
Rio Tinto Limited (“Rio Tinto”) offers a Dividend Reinvestment Plan (the “Plan”), which gives you the opportunity to elect for your cash dividend to be used to purchase ordinary shares in Rio Tinto in the market free of commission.
How do I invest in dividend reinvestment plans?
Simply choose your dividend stocks or funds, opt into your brokerage’s DRIP and then, when you receive a payout in your brokerage account, your brokerage will automatically reinvest in new shares. Using DRIP plans at your brokerage or robo-advisor is probably the easiest way for most people to reinvest dividends.
Who is the transfer agent for Emera?
Computershare Trust Company of Canada (the “Agent”) will act as Agent for the participants in the Plan. On behalf of participants, Emera will pay to the Agent all cash dividends which are to be reinvested, the Agent will then use these funds to purchase additional Shares for participants directly from Emera.
What happens if I don’t reinvest dividends?
When you don’t reinvest your dividends, you increase your annual income, which can significantly change your lifestyle and choices. Here’s an example. Let’s say you invested $10,000 in shares of XYZ Company, a stable, mature company, back in 2000. This allows you to buy 131 shares of stock at $76.50 per share.
Will Rio Tinto pay a dividend in 2021?
The 2021 interim dividend, equivalent to 376 US cents per share, and the special dividend, equivalent to 185 US cents per share will be paid on 23 September 2021 to Rio Tinto Limited, Rio Tinto plc and Rio Tinto plc ADR shareholders on the register at the close of business on 13 August 2021.
What is Rio Tinto dividend policy?
Rio Tinto Group paid out a conservative 44% of its free cash flow as dividends last year. It’s positive to see that Rio Tinto Group’s dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable.
Is drip a good investment?
The best thing about DRIP investing is that it’s a powerful tool that helps you to automate investing. DRIP investing is very much a hands-off approach, so it is best used for stocks that are of such high quality and low risk that you don’t need to pay all that much attention to them.
Is AST a brokerage firm?
AST Investor Services LLC operates as a brokerage firm. The Company specializes in the business of buying and selling securities such as stocks, bonds, mutual funds, and certain other investment products. AST Investor Services conducts business in the United States.
Who owns AST Financial?
TMX Group
TMX Group today announced it has completed the acquisition of AST Investor Services Inc. (Canada) and its subsidiary AST Trust Company (Canada), a leading provider of transfer agency, corporate trust, and related services (the “Acquisition”).
When was the last time Emera paid a dividend?
The Board of Directors of Emera has decided that effective on and after the quarterly dividend payment on November 16, 2009 to shareholders of record on November 2, 2009 , Emera common shares will be purchased under the Plan at a discount of 5% from their average market price (as determined under the Plan).
How much money does Emera have in assets?
Additional financial and operational information is filed electronically with various securities commissions in Canada through the System for Electronic Document Analysis and Retrieval (SEDAR). Emera Inc. (EMA-TSX) is an energy and services company with $5.3 billion in assets.
What kind of business does Emera Energy have?
Emera Inc. (EMA-TSX) is an energy and services company with $5.3 billion in assets. Electricity is Emera’s core business. The company has two wholly-owned regulated electric utility subsidiaries, Nova Scotia Power Inc. and Bangor Hydro-Electric Company, which together serve 600,000 customers.
How much of St Lucia does Emera own?
Emera also owns 19% of St. Lucia Electricity Services Limited, which serves more than 50,000 customers on the Caribbean island of St. Lucia and 25% of Grand Bahama Power Company which serves 19,000 customers on the Caribbean island of Grand Bahama.