Interesting lately how lots of companies are starting to offer DRIPs directly out of treasury at discounts between 1 to 5% of the avg. mkt price.
I'm starting to like all these offerings as I look at them along the lines of a dividend increase. By DRIPing you get 1-5% more than you would by not.
They are slightly more diltuive but from what I can see most of the companies that DRIP from treasury also do pretty decent NCIBs which should probably, in most cases, cancel out the new shares they issue via DRIP.
I'm curious to know if these discounts are getting more and more people to DRIP who would otherwise just have taken the cash or would you DRIP regardless?
I'm starting to like all these offerings as I look at them along the lines of a dividend increase. By DRIPing you get 1-5% more than you would by not.
They are slightly more diltuive but from what I can see most of the companies that DRIP from treasury also do pretty decent NCIBs which should probably, in most cases, cancel out the new shares they issue via DRIP.
I'm curious to know if these discounts are getting more and more people to DRIP who would otherwise just have taken the cash or would you DRIP regardless?