What is a Distribution Reinvestment Plan... A letter from ESR REIT

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I received a letter from ESR Reit about the Distribution Reinvestment Plan DRP.

What is a distribution reinvestment plan?

Very simply, a distribution reinvestment plan (DRP) allows you to choose between either receiving your distribution in cash or in units (shares)... according to https://financialhorse.com/distribution-reinvestment-plans-for-singapore-reits/

It looks like this plan applies to Real Estate Investment Trusts. 

It's just like any other shares where I receive a letter asking me whether I want my dividends to become part of the stock or do I want it as cash.

What do I do next?

I want the cash. Hence there is no action required. Let's crush this letter, recycle it and get back to normal life.



Adrian's Journal






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