How do I withdraw shares from a dividend reinvestment plan?
Shares may be withdrawn from a plan by written request to CIBC Mellon Trust Company. Many plans include a withdrawal form on the bottom of their statements. You may withdraw as many of your shares as you wish, and you may continue or terminate your participation in the plan. If you terminate your participation in the plan, a cheque will be issued to you for any fractional shares held. CIBC Mellon Trust Company will mail a certificate to you via first class insured mail.
Related Questions
- Does the Dividend Reinvestment and Share Purchase Plan (the Plan) provide a discount on the purchase of common shares of Enbridge?
- Am I required to inform Bell Direct if I receive additional shares as part of a Dividend Reinvestment Plan (DRP)?
- Are my Dividend Reinvestment Plan (DRP) instructions affected by transferring shares into Macquarie Prime?