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Energy Transfer Partners, L.P. Message Board

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  • nsupper1 nsupper1 Dec 11, 2011 2:13 PM Flag

    Calling all DRIP investors

    jpmjr72-- Explain pls. ( all DRIPS must be the same price) I have ETP and EPD with Vanguard and they do not give the 5% dist. on DRIP DIST>

    • ETP company plan - note this is not just doing a drip at your broker - gives a shares being issued out at a specific price about one week after the dividend pay date. Lots of brokers do not use the company plan and simply reinvest - ie Ameriprise. That is a DRIP, but not the company DRIP. Big difference.

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