We know the company's discount drip price is 44.3935. Let's see how fast participating brokers post the new shares. Please post to this thread the name of your broker when the new drip shares first appear in your account.
Let's also hear from those who drip thru non-participating brokers. Please post the name of your broker, the date drip shares appeared and the non-discount price you paid per share, to 4 decimal places.
Let's hear from those who drip at Schwab. Do they now automatically participate in the discount plan or do you have to "talk with Chuck" to get the discount?
How about Etrade and Vanguard? Anybody dripping at these brokers getting the discount yet?
Fidelity is now showing the distribution in the history, "pending reinvestment price", but nothing has posted to the account. Ameritrade shows nothing until the drip is posted.
Dune-I have 12 stocks on DRIP, all with my broker TD. I have PFN and RCS which yield 9% that I use as my "bank". Both are DRIP and at a discount to mkt price on pay day (first of every mo.) Just sold some PFN to offset a buy of APU. Done deal. I get the 5% discount on EPD and ETP thru TD. U must DRIP thru ur broker. Computershare etc. take forever, crazy expensive. LOL, Mick
Ameritrade posted mine about 1:30 this afternoon at 44.3946.
DRIP administrator obviously has its act together...paid on 15th, finished and posted on the 17th.
First discount drip took almost 2 weeks to post, but got faster with each Q.
That's funny and also sad. They need their attorneys. All they have to do is register with the drip administrator for newly issued units at the discount price instead of going to the open market to buy drip units.
They probably also get a legal opinion to go to the bathroom.