Hi - Possibly the wrong forum, but I've jost got my new shareholders pack with the preference form for participating in the SIP or DIP - Share Investment PLan or Dividend Investment Plan.
I understand a DIP, but what is the difference between the two? All I can fathom is that the SIP does not count as income and has no tax considerations.
Why would you choose the DIP over the SIP? Or is the SIP used for extraordinary distributions only?
I realise the choce is a question I should be asking an advisor but the difference between the 2 is fair game here... :)
cheers
HIL Price at posting:
$4.43 Sentiment: LT Buy Disclosure: Held
