The Dividend Reinvestment Program (DRIP)
The Dividend Reinvestment Program (DRIP) is offered by a corporation and it allows investors to reinvest cash dividends by purchasing additional or factional shares on the dividend payment date.
Our DRIP program was developed in house by our team of technology professionals. It’s completely customizable to fit your individual company and shareholder needs and it’s a cost effective way to add value for your shareholders.
Features of the DRIP included:
- Available for both public and private companies
- Customizable comprehensive and easy to read statements for you and your shareholders.
- Secure online access to holdings
- 1099 reporting
- Single source for your all you record keeping needs
- Managed in house at Transfer Online, Inc. so there is no third party Service Level Agreements
If you have any questions or if you’re ready to move forward with a DRIP program, please contact your account executive today.