I am trying to enroll onto the Dividend Reinvestment Plan (“DRIP”) but am not sure as to what steps to take - i called Equiniti Financial Services Limited (“EFSL”) as stated on the Shell Dividend Policy website ('https://www.shell.com/investors/dividend-information/dividend-policy.html) , and they told can't help.
Looking for advice from existing Royal Dutch Shell shareholders who managed to get onto DRIP or shareholders with experience enrolling onto DRIP plans
Thanks!
Dav
My Halifax Stocks and Shares ISA allows dividend reinvestment as an option but it's one global setting for all the shares in the account.
"'Automatic Dividend Reinvestment' will enable dividends from UK and Irish CREST eligible stocks to be automatically reinvested into the source stock. Any remaining cash will be paid into your share dealing account. Please note a 2% commission (maximum £12.50) is payable on all dividend reinvestments."