Continental offers a bank-sponsored Dividend Reinvestment and Direct Stock Purchase Plan. The plan provides shareholders with the ability to reinvest their dividends into additional shares. Shareholders can also buy more shares through optional cash payments or automatic bank withdrawals on a monthly basis. The plan allows non-shareholders to make their initial purchase through the plan. With most of the fees paid by the shareholder through the plan features, administration expenses to the company are limited.

Since the shares must be purchased on the open market, the company does not have to register the plan. These plans allow shareholders to acquire shares on a regular basis through dollar cost averaging. The benefit of the plan to the company is it enhances investor stability through long-term investment. Shareholders in a dividend reinvestment plan tend to hold their positions for a longer period as they accumulate shares through the plan over time.

If you are looking for more than a bank-sponsored Dividend Reinvestment and Direct Purchase Plan, Continental can also administer your company-sponsored registered plan as well. Connect with your Account Manager today for more information and to explore what type of plan will fit your corporation’s needs.

Written by Howard Danielson