|
Dividend Reinvestment and Common Stock Purchase Plan
Highlights
(Click here
for a full Plan Prospectus and Enrollment Form)
The Dividend Reinvestment and Common Stock Purchase
Plan (the “Plan”) of Connecticut Water Service, Inc.
(the “Company”) provides the Company's shareholders,
and customers and employees of the Company's regulated water utility
subsidiary, The Connecticut Water Company, who reside in Connecticut,
with automatic dividend reinvestment of all or
a percentage of dividends on our Common Stock in additional shares
of Common Stock and investment of optional cash payments
of an aggregate from $25 to $1,000 per month in Common Stock of
the Company. Participants pay NO brokerage commission or service
charge upon the purchase of shares.
Shares of Common Stock may be purchased by the
Agent for the Plan in the open market, in privately negotiated transactions
or from the Company.
Administration
Registrar and Transfer Company has been designated by the Company
as the agent to administer the Plan for Participants, to purchase
and hold shares of Common Stock acquired through the Plan, to maintain
records, to send statements of accounts to participants, and to
perform other duties relating to the Plan.
Eligibility
Shareholders: All holders of record of shares of Common
Stock are entitled to participate in the Plan. In order to be eligible
to participate, beneficial owners of Common Stock whose shares are
registered in names other than their own (e.g., broker or bank nominees)
must be share holders of record by having their shares transferred
into their names.
Customers: All residential utility
customers of the Company's regulated Water Company subsidiary, The
Connecticut Water Company, are eligible to participate in the Plan,
as well as all members of households served by The Connecticut Water
Company. Water consumers in the franchise territory served by The
Company who are not customers, such as renters and condominium owners,
may participate in the Plan, except that groups of individuals such
as tenant associations are not eligible to participate. All customer
Participants must reside in either Connecticut or Massachusetts.
Employees: All full-time employees
of The Connecticut Water Company are eligible to participate in
the Plan.
Dividend Reinvestment
Participants may choose to reinvest all or a portion of the dividend
paid on Common Stock. Reinvested dividends will be used to buy additional
shares of Connecticut Water Service, Inc. Common Stock.
IRA
An Individual Retirement Account with Connecticut Water Service,
Inc. Common Stock as an investment option is available through Fiserv.
More information and applications are available from Fiserv. Fiserv
ISS is not an affiliate of Connecticut Water Service, Inc.
Fiserv ISS
P. 0. Box 173859
Denver, CO 80217-3859
1-800-962-4238
www.fiserviss-iaservices.com
Direct Deposit of Dividend
Participants can authorize the Registrar and Transfer Company to
deposit cash dividends directly into their bank account.
Sale of Shares
The sale of shares through the Plan is subject to a $15 service
fee and any applicable transfer taxes. Plan participants are responsible
for all fees and taxes.
Safekeeping of Certificates
Participants may deposit stock certificates with the Registrar and
Transfer Company for safekeeping
Account Statements
You will receive a statement following each transaction providing
the details of the transaction and the share balance in your account.
FAQ
- What is Connecticut Water’s
ticker symbol and on what exchange does it trade?
- Who is the Company’s
transfer agent?
- How do I get information
about the following:
- Replacing lost stock certificates
- Transferring shares
- Transferring shares from
a deceased individual
- Transferring shares from
a deceased joint tenant to the surviving tenant
- Changing my address
- Selling Dividend Reinvestment
shares
- Other registered shareholder
questions
- How do I contact Shareholder
Relations at Connecticut Water?
1. What is your ticker
symbol and on what exchange do you trade?
The Company’s stock trades on the Nasdaq Global Select stock
market under the ticker symbol "CTWS".
2. Who is the
Company’s transfer agent?
The Registrar and Transfer Company is the transfer agent for Connecticut
Water’s Common Stock (and Preferred A and Preferred $.90 stock).
Shareholders with questions regarding stock transfers, dividends,
lost stock certificates, share balances, change of address and lost
dividend checks may direct those questions to:
Registrar and Transfer Company
10 Commerce Drive
Cranford, NJ 07016
www.rtco.com
1-800 368-5948 (toll free)
3. How do I get
information about the following:
- Replacing lost stock certificates
- Transferring shares
- Transferring shares from a deceased
individual
- Transferring shares from a deceased
joint tenant to the surviving tenant
- Changing my address
- Selling Dividend Reinvestment shares
- Other registered shareholder questions
The Registrar and Transfer Company has a helpful frequently asked
questions section for registered shareholders at http://www.rtco.com/faq.asp
4. How do I contact
Shareholder Relations at Connecticut Water?
Call Dan Meaney at 1-800-428-3985, extension 3016
|