Highlights
- Convenient and cost-effective way to reinvest dividends paid into additional Capital Power common shares without incurring commissions, service charges or similar fees1
- New shares purchased with reinvested dividends will be bought at 95% of the Average Market Price2
- Full investment of reinvested funds is possible since fractions of shares3 can be credited to accounts maintained under the Plan, subject to the policies of your nominee
- Once enrolled, any future cash dividends on Shares enrolled in the Plan will automatically be reinvested in common shares
Enrolment
Beneficial Shareholders
Eligible holders of Capital Power common shares in non-registered form with a nominee (broker, investment dealer, financial institution, or other) should contact their investment representative to enrol in the Dividend Reinvestment Plan.
Registered Shareholders
Registered Shareholders may enrol in the Plan at any time by duly completing an enrolment form and returning it to the Plan Agent or by enrolling online through Computershare’s self-service web portal Investor Centre at www.computershare.com/investorcentrecanada .
Enrolment form for registered holders
A completed enrolment form must be received by the Plan Agent no later than five (5) business days prior to the applicable record date in order for that Dividend to be reinvested in the Plan.
Questions and Answers
The following series of questions and answers explains some of the key features of the Dividend Reinvestment Plan.
- What are the advantages of the Plan?
- Who is eligible to participate in the Plan?
- What will be the price for new Shares purchased for my account under the Plan?
- What does “Average Market Price” mean?
- What are the Canadian income tax consequences for Canadian residents participating in the Plan?
- More Q&As
Plan Information
A complete description of the plan is provided in the following document:
DRIP Plan Document
Plan Agent
Computershare Trust Company of Canada
100 University Avenue, 9th Floor, North Tower
Toronto, Ontario M5J 2Y1
Attention: Dividend Reinvestment Department
Toll-free: 1-800-564-6253 (in North America)
Telephone: 514-982-7555
Email: www.computershare.com/service
1 Subject to any fees that may be charged by your Nominee (broker, investment dealer, financial institution, or other).
2 Average market price is the average closing price of the shares on the TSX for the 10 trading days immediately preceding the applicable dividend payment date.
3 Calculated to six decimal places