Dividend
Re-investment Plans
Re-investment Plans
This feed covers UK, Australian and New Zealand Dividend Re-investment Plan (Drips)
With timely data collected from Company Registrars, this feed aims to fill the data void long associated with this area of the market.
Drip programs encourage shareholder loyalty and allow shareholders to build up larger positions over a period of time.
This feed aims to provide all the necessary fields of information, so that custodians can offer the benefits to their clients. With over 400 DRIP programs currently available (including Investment Trusts) and more being announced every year, we expect this area of the market to continue expanding.
- The feed includes the following fields of information:
- Expiration Date (or Last Date for Forms of Election)
- Registrar Name
- Dividend Amount
- Company Name
- Company Documentation Dispatch Date
- Sedol
- Bargain Date
- ISIN
- Settlement Date
- Security Description
- Date DRIP shares will be lodged with CREST
- Partial Elections accepted (Y/N) USA/Canada residents’ elections restrictions
- Cash residue carried forward
- Reinvestment share price
- Number of Shares Purchased
- Cost of Shares Purchased
Delivery:
We produce a daily feed of all Drip announcements. The feed is sent via e-mail in an Microsoft® Excel Speadsheet. Subsequent updates will also be sent via e-mail as soon as the registrar release them.