Back to business: Strike price for dividend reinvestment plan: http://www.heartland.co.nz/_upload/n...nouncement.pdf
Printable View
Back to business: Strike price for dividend reinvestment plan: http://www.heartland.co.nz/_upload/n...nouncement.pdf
At this rate wish I had taken dividend in cash
This is not going to plan .....hope it not turning to custard and HNZ being affected by the malaise in the Australia banking stocks.
Unless there's a meaningful discount, (1% is not meaningful), this illustrates why I prefer to be in control of if / when I re-invest the divvy. You could have bought in reasonable volume at $1.00 at the close today.
Like the dog in the Toyota advertisement said when he tried to jump on the ute and landed in the cow shyte, Bugger !!
I have dividend reinvestment,while the wife takes the cash,so have a bob each way.
You win some and you lose some. This time around one could have got slightly cheaper shares by buying on market but that is not always the case. The discount is low as HNZ does not really need the money at present but in my view the DRP is a great hassle free way of slowly and surely adding to my holding in a great
company ! While my faith in the company and management remains at the high level it currently is, the DRP is definitely for me. My paper profit will be looking even better once these new shares will be added. Keep them coming :)
Interesting article on Harmoney's progress on the online NBR today !