Intelligent Investor Australian Equity Income Fund(ASX: INIF)
Does the Distribution Reinvestment Plan occur biannually with distributions?
Yes, the dividend reinvestment plan will occur twice a year in conjunction with the distribution. There is no discount given to units/shares purchased under the dividend reinvestment plan.
Do they receive additional holding statements?
Yes, additional purchases will receive documentation of the purchase and an updated holding statement available to investors via the share registry, Registry Direct.