Affidavit forms need to be requested from American Stock Transfer & Trust Company, LLC (AST) www.astfinancial.com. There is a replacement charge of 2% of the market value of the shares, plus a $25 administrative fee payable to AST&T, with a minimum fee of $40.
Shareholder must send the following to AST&T: letter of instructions, stock certificates, provide stock power or filled out back of certificate and have signatures guaranteed, and the title and last pages of the Trust documents.
How do I sell shares from my Dividend Reinvestment account?
Send a letter of instruction to the Dividend Reinvestment Department at AST&T requesting that "X" number of shares be sold and that either a certificate or a check be issued. Dividend reinvestment shares are sold each Wednesday at the current market price. There is no charge for certificates issued. There is a minimal charge for selling shares. The amount is determined by the number of shareholders selling on the sales date.
How do I transfer my Dividend Reinvestment account to another person's name or add a name to the account?
Shareholders must send the following to the Dividend Reinvestment Department at AST&T: Letter of instruction, with signatures guaranteed, that includes the new person's full name, address, and social security number.
Dividends for Federal Realty's common shares are normally paid on the 15th of January, April, July, and October (or if such day is not a business day, the next business day).
Dividends for Federal Realty's preferred shares are normally paid on the last day of January, April, July, and October (or if such day is not a business day, the next business day).
Federal Realty Investment Trust offers direct deposit of dividends to its shareholders. Direct deposit allows you to have your cash dividend on your Federal Realty stock deposited directly into your personal checking, savings or other bank account at the financial institution of your choice. Each time a dividend is paid, you will receive a confirmation by mail of the deposit and its amount. If you are partially reinvesting your dividends, direct deposit is not available.
If you are interested in this service, simply complete the "Direct Deposit Authorization Agreement," sign where indicated and return it to AST&T. You may also sign up online at www.astfinancial.com.
In order to have your cash dividends directly deposited, please be sure to enroll at least 30 days prior to the dividend payment date. Federal Realty typically pays dividends on its common shares on the 15th of January, April, July, and October.
Federal Realty provides a convenient, cost-free Dividend Reinvestment Plan, which enables shareholders to automatically invest dividends as well as make voluntary cash payments toward the purchase of additional shares.
Reinvest Automatically. The Plan provides that all or a portion of the cash dividend on shares registered in the participants' names and enrolled in the plan are automatically reinvested in full and fractional shares.
Buy Stock Commission-Free. There are no brokerage fees, commissions or service charges on shares purchased through the Plan.
Optional Cash Investment. Participants may also purchase additional shares by making voluntary cash payments, which are invested monthly. Voluntary cash payments may not be less than $25 nor more than $10,000 in any period between monthly investment dates.
Complimentary Custody of Share Certificates. Certificates for shares credited to participants' accounts under the Plan receive safekeeping at AST&T at no cost to the participants.
Record Keeping Made Simple. You will receive an itemized statement every quarter of all transactions and a year-end summary to assist you in tax preparation.
The price of shares purchased with reinvested dividends or voluntary cash payments will be the average high/low price of shares, as published in The Wall Street Journal report of the New York Stock Exchange—Composite Transactions, for the five trading days prior to the investment date.
Federal Realty's Dividend Reinvestment Plan is an easy and affordable way to buy and accumulate Federal Realty stock. We invite all shareholders to take advantage of this worthwhile plan. A prospectus and authorization card are available from AST&T, http://www.astfinancial.com. You may sign up for the plan at http://www.astfinancial.com.
Federal Realty Investment Trust is pleased to offer to its shareholders who are currently enrolled in the Dividend Reinvestment and Stock Purchase Plan ("Plan"), Automatic Cash Investment. Automatic cash investment will allow you to instruct Federal Realty's transfer agent, American Stock Transfer & Trust Company, to withdraw a specified monthly sum, within the Plan's optional cash parameters, from your personal checking, savings or other bank account right into your dividend reinvestment account as an optional cash payment to purchase additional stock. If you are interested in this service, simply request a copy of the Plan's prospectus in writing or online, complete the Automatic Cash Investment Authorization Agreement, sign where indicated and return it to AST&T in the envelope provided. Please be sure to enroll at least 30 days prior to the investment date that you wish to begin automatic investment. The investment date for voluntary cash payments is the 15th day of each month. This feature is strictly optional and you are not required to participate in this feature in order to enroll in the Dividend Reinvestment Plan.