Investors of our common stock have the option of enrolling in our CNGHC Dividend Reinvestment Plan or DRIP at no cost to them. Instead of receiving a quarterly dividend check on your common shares, your dividend will be used to purchase additional shares of common stock at a 5% discount and may include fractional shares. This can be set up with Computershare, our transfer agent, if your shares are held with them. If your shares are held with a broker, you will need to contact them to see if they participate and can assist you in setting this up.
Our plan has been revised to allow for optional cash investments of up to $40,000/year in our common stock. The cash option purchase of stock is not eligible for the 5% discount, but any dividends earned from the cash option purchase would be eligible. Investments can be made every month on the 15th either online at www.computershare.com/invest or by check. Investors may also purchase shares through automatic monthly deductions from their bank account.
The Dividend Reinvestment Plan continues to provide the following features in the same manner as before:
If your shares are held with Computershare, you should contact Shareholder Services at 1-800-368-5948 to join.
If your shares are held with a broker (most likely), you will need to contact them and ask if they will participate in the DRIP. If they do, you will need to work with them on the necessary steps to enroll in the plan. This will likely involve the broker initiating a Deposit/Withdrawal at Custodian, or DWAC (pronounced "dee-wack"), and providing a detailed letter instructing Computershare of your intentions. The letter must also have a medallion stamp obtainable from most banks.
Mail your letter of instruction to:
c/o Shareholder Services
PO Box 505000
Louisville, KY 40233-5000