Shareholders can automatically reinvest all or any portion of the cash dividends paid on their common shares in additional common shares through our DRIP, without paying any commissions, service charges or broker fees under the DRIP. For more information, see the following materials or contact our Plan Agent to register.
Commencing with the dividend payable on March 31, 2015, Encana’s Board of Directors has determined that all common shares distributed to participating shareholders pursuant to the company’s dividend reinvestment plan (DRIP) will be issued from Encana’s treasury at a two percent (2%) discount to the average market price of the common shares (as defined in the DRIP). Any future dividends of common shares distributed to shareholders participating in the DRIP will be issued from Encana’s treasury at a two percent discount to the average market price until further notice.
The Depository Trust Company (“DTC”) terminated its participation in Dividend Reinvestment Programs (“DRIP”) for Canadian securities for all events announced with a record date beyond March 31, 2014. Please note that this affected only beneficial holders who held common shares of Encana Corporation (“ECA”) through DTC participant brokers in the United States and who were enrolled in the ECA DRIP.
Read the Official notice from DTC (Document #0064-14), including information for beneficial holders who want to participate in dividend reinvestment