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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

Chemicals Specialty Chemicals
Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.


OTCPK:ICPVF - Post by User

Incitec Pivot Ltd
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(41)
•••
Comment by lotus1on Feb 20, 2017 9:36am
123 Views
Post# 25868796

RE:RE:RE:RE:RE:FYI >>> Feb15thdividendDRIPshares@$28.505

RE:RE:RE:RE:RE:FYI >>> Feb15thdividendDRIPshares@$28.505Hi Timebuilder, my accounts are with CIBC Investor's Edge and I had requested them to register with IPL for DRIP and the Premium Dividend Program in October, 2016.

Since November 15, 2016 I have received Premium Dividend payments(1% of original dividend amount), as a separate deposit. However, DRIP shares have been bought at a price different than the Historical DRIP prices, shown on IPL website (same as the DRIP prices as mentioned in your posts). 

Feb 15    $28.395 
Jan 16    $29.066  (IPL  $29.55)
Dec 15   $28.539  (IPL  $27.81)
Nov 15   $26.805  (IPL  $27.34)

I have always wondered why price is different. It is possible that my DRIP shares have been bought by CIBC and not received from the Company. Will see how it goes.

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