I am an investor in Bank of Ireland and have been reinvesting my dividends with their stock alternative scheme. I was going to do the same with recent dividend but am being offered shares at E8.10 a share. As of 1pm today they are trading at E6.88 nearly a 15% discount on this price. Why would anybody but something for such an inflated price. Think I'll take the cash. Any opinions?
however you're acquiring shares at a very good price without having to pay stamp duty......
Recieved document via Goodbody last week - reply had to be back by 23rd July
I'm in the same position, but with Fexco, and have only today received the relevant communication (although their covering letter is dated 18th June). The letter states that if I want to lift the DRIP mandate I must instruct them 'at least a week prior to any closing date with the registrars', which is now no longer possible. I plan to ring them first thing tomorrow and see what they say.I've some BOI shares held in a nominee account with AIB/ Goodbodys. For dividends, I've taken shares up till now.
Recieved document via Goodbody last week - reply had to be back by 23rd July
Thanks, Mizen Head — same here, I'm glad to say. The guy I spoke to, as soon as I uttered the words "Bank of Ireland" and "DRIP mandate", practically finished my sentence for me!Doc
I called Fexco today and they said No Prob re lifting my Mandate
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