Which of the four Irish banks offer DRIP?

P

Protocol

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I bought shares in the 4 quoted Irish banks.

AIB, Anglo, BoI, ILP

Does anybody know if any of them offer non-cash dividends, i.e. more shares instead of cash dividends?

I have looked at the Investor Relations section of www.aib.ie and www.boi.ie but see no sign of them.
 
Neither AIB nor BoI have offered a DRIP plan for a couple of years now. I can't speak for the other two.
[Post crossed with Protocol's second one]
 
only problem with drips is the resulting tax returns - takes more works keeping track of every little share purchase and then returning when you sell a block of say 500, 450 purchased at x, 5 at y, 6 at z ............ and so on
 
I have shares in BOI, held in a custody A/c, and recently got a letter from them saying they had been informed that shareholders in BOI could have their dividend paid in either cash or shares, tick box A or B sign & return.
 
DrMoriarty said:
Neither AIB nor BoI have offered a DRIP plan for a couple of years now. I can't speak for the other two.
[Post crossed with Protocol's second one]
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Incorrect information - BOI definately offer shares for dividends. Don't know about AIB.

BM
 
An update.

I have now been offered shares instead of cash for my Anglo Irish Bank dividend.

ILP dividend - cash only

BoI - cash or new shares.
 
I'm surprised ILP are'nt offering new shares instead of cash. Supposedly they're the most dependent on the capital markets for funding.
 
tyoung said:
I'm surprised ILP are'nt offering new shares instead of cash. Supposedly they're the most dependent on the capital markets for funding.
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I ve held shares in ILP for years. Every time I went to an AGM there was always somebody down the back of the crowd who would raise the issue of DRIP and the CEO + management would always tell them it wasnt going to happen.
 
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