TSX:ERE.UN - Post by User
Comment by
rustybladeson Nov 09, 2024 11:45am
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Post# 36304664
RE:RE:Cancel the DRIP
RE:RE:Cancel the DRIPYes the DRIP allows you to accumulate units at a discount. It is dilutive but as you point out, not significantly given the short duration to windup. IMO the main purpose of the DRIP is to provide the REIT with a source of funds (if the units are issued from treasury) by reducing the cash needed to pay the distributions. In my case I'll continue to participate in the registered accounts that are dripped.