Statements showing transactions and plan holdings are usually issued on a quarterly basis.If desired, you can request share certificates, but plans may have some restrictions (e.g., a limited number of free withdrawals per year).Statements are sent periodically to show transactions and holdings. Shares may be withdrawn from a plan by written request to AST.Many plans include a withdrawal form on the bottom of their statements.Your next statement will reflect the Optional Cash Payment.
If you intend to make optional cash payments, please send AST a completed participant declaration form, if you have not already done so, for the plan in question.
A Dividend Reinvestment Plan (DRIP) is an investment program offered to shareholders by certain corporate securities issuers.
Shareholders who participate in the plan reinvest their cash dividends and buy additional shares of the company instead of receiving a cash payment.
How Shares are Held Shares purchased in the plan are held in electronic (book-based) form on your behalf by AST.
The plan shares are registered in your name, and you have all of the rights and privileges of a registered shareholder.