Why are the dividend shares being distributed in Direct Registration book-entry form?
Direct Registration increases shareowner value by offering a convenient, safe, efficient and cost-effective means of share ownership for registered shareholders as further described below: It allows for electronic share movement between your broker and the transfer agent It eliminates the risk and cost associated with storing a certificate in a secure place and eliminates your time and efforts in retrieving those certificates It eliminates the risk and cost associated with replacing a lost certificate It reduces overall administrative costs to the corporation and shareowners It supports the U.S.
Related Questions
- Does a two-for-one stock split, in the form of a stock dividend, dilute the aggregate value of the Monsanto shares that a shareowner owns?
- Can I sell shares held in certificate form through my Direct Stock Purchase and Dividend Reinvestment Plan Account?
- Why are the dividend shares being distributed in Direct Registration book-entry form?