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Dividend Reinvestment Plans

The Dividend Reinvestment Plan (DRIP) is a convenient, easy and cost effective way to build your shareholding by using your cash dividends to buy additional shares.

 

How does a DRIP work?

It allows shareholders of participating companies to use their cash dividends to buy more shares in their company. Rather than receiving a dividend cheque through the post or having their bank account credited with the dividend payment, shareholders in companies that operate a DRIP can choose to use their cash dividend to buy additional shares.

Whole shares are purchased with any residual money being carried forward and added to the next dividend. However, if the amount of the dividend, less any dealing costs incurred in completing the purchase, is insufficient to buy a single share no charge is made and the dividend is carried forward.

 

Confirmation of purchase

When you buy shares using a DRIP you will be sent:

  • A share purchase advice
  • A share certificate
  • A tax voucher

The exceptions to the above are where you are a CREST participant or hold your shares in a Corporate Sponsored Nominee, in these cases you will only receive a share purchase advice and a tax voucher. Where you do not have sufficient funds to purchase a full share you will receive a non-entitled advice and a tax voucher

 

Applying for a DRIP

The companies listed below offer a Dividend Reinvestment Plan (DRIP).

To apply for a DRIP and to read the full terms and conditions, just click on the relevant links next to the company of your choice below. For Scrip terms and conditions please call 0871 384 2268*.

Where the option is available you can select to apply on line. Alternatively, you can also print an application form which should then be completed and returned to the address stated on the form.

 

Crest participants

If you are a CREST participant, and wish to make or revoke a dividend re-investment request, please follow the CREST elections process found here.


* Calls cost 8p per minute plus network extras. Lines are open 8.30am to 5.30pm (UK time), Monday to Friday (excluding UK public holidays).

 

3i Group Terms & Conditions Download form  
Aberdeen New Dawn Investment Trust Terms & Conditions Download form  
AGA Rangemaster Group Terms & Conditions Download form   
Alent Terms & Conditions Download form
Amlin Terms & Conditions Download form  
Anglo American Terms & Conditions
Online Guide
Download form  
Associated British Foods Terms & Conditions Download form  
BAE Systems Terms & Conditions Download form  
Britvic Terms & Conditions Download form  
British Assets Trust Terms & Conditions Download form  
BT Dividend investment plan Booklet
Terms & Conditions
Download form  
Burberry Group Terms & Conditions Download form
Apply Online
 
Cable & Wireless Communications Terms & Conditions Download form  
Carillion Terms & Conditions Download form
Carnival Terms & Conditions Download form  
Centrica Terms & Conditions Download form
Apply Online

Your shares must be held in Centrica Flexishare in order to join the DRIP.
Please call 0871 384 2985 * for a copy of their application form and Terms and Conditions.

Electrocomponents Terms & Conditions Download form  
FirstGroup Terms & Conditions Download form
Apply Online
 
Games Workshop Terms & Conditions Download form  
GB Group Terms & Conditions Download form  
GKN Terms & Conditions Download form  
GlaxoSmithKline Terms & Conditions Download form  
Hays Terms & Conditions Download form
Apply Online
 
Imperial Tobacco Terms & Conditions Download form  
Intercontinental Hotels Group Terms & Conditions Download form  
Johnson Matthey Terms & Conditions Download form  
JPMorgan      
JPMorgan American Investment Trust Terms & Conditions Download form  
JPMorgan Chinese Investment Trust Terms & Conditions Download form  
JPMorgan Claverhouse Investment Trust Terms & Conditions Download form  
JPMorgan Elect
(Growth Shares)
Terms & Conditions Download form  
JPMorgan Elect
(Income Shares)
Terms & Conditions Download form  
JPMorgan Emerging Markets Investment Trust Terms & Conditions Download form  
JPMorgan European Investment Trust
(Income Shares)
Terms & Conditions Download form  
JPMorgan European Investment Trust
(Growth Shares)
Terms & Conditions Download form  
JPMorgan European Smaller Companies Trust Terms & Conditions Download form  
JPMorgan Global Emerging Markets Income Trust Terms & Conditions Download form  
JPMorgan Mid Cap Investment Trust Terms & Conditions Download form  
Mercantile Investment Trust (The) Terms & Conditions Download form  
Land Securities Terms & Conditions Download form  
Lonmin Terms & Conditions Download form  
Man Group Terms & Conditions Download form   
Marks & Spencer Terms & Conditions Download form  
Melrose Industries Terms & Conditions Download form  
Mitchells & Butlers Terms & Conditions This company does not currently have an electronic application form available.
Please call 0871 384 7088* for a copy of their application form.
Mothercare Terms & Conditions Download form  
National Milk Records Terms & Conditions Download form  
Pearson Terms & Conditions Download form  
Prudential Terms & Conditions Download form  
Reed Elsevier Terms & Conditions Download form  
Rexam Terms & Conditions Download form  
Rotork Terms & Conditions Download form  
Royal Dutch Shell Terms & Conditions Download form A shares (Certificated)

Download form A shares (Nominee)

Download form B shares (Certificated)

Download form B shares (Nominee)
If you are unsure which form(s) you require please contact us on 0800 169 1679 (+44 121 415 7073 if calling from outside the UK)

Lines open 8.30am to 5.30pm (UK time), Monday to Friday (excluding English public holidays)
Royal Mail Terms & Conditions Download form  
SEGRO Terms & Conditions Download form  
Sepura Terms & Conditions Download form  
Serco Group Terms & Conditions Download form  
Severn Trent Terms & Conditions Apply Online  
Sky plc Terms & Conditions Download form
Apply Online
 
Smith & Nephew Terms & Conditions Download form  
Spectris Terms & Conditions Download form  
Speedy Hire Terms & Conditions Download form  
Spirent Communications Terms & Conditions Download form  
Tate & Lyle Terms & Conditions Download form
Apply Online
 
Tesco Terms & Conditions Download form
Apply Online
 
Vesuvius Terms & Conditions Download form  
Wolseley Terms & Conditions Download form  

Apply for a DRIP

Follow the instructions opposite to either download a form to post to us or, in some companies' cases, apply online.

If you have any questions regarding this, please check out our guide on reinvesting your dividends.

Understand the risks

The price and value of any investments and any income from them can fluctuate and may fall. Therefore, you may get back less than the amount you invested. Past performance is not a guide to future performance.

We do not provide advice or make recommendations about investments. If you have any doubts about the suitability of an investment, you should seek advice from a suitably qualified professional advisor.

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