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Met-Pro
Corporation (MPR/NYSE) has a Dividend Reinvestment (DRIP)
and Direct Stock Purchase (DSPP) Plan (the "Plan") that offers
investors a convenient and economical way to purchase shares
of the Company's Common Stock. The Plan also allows participants
to reinvest the cash dividends in additional shares of Common
Stock at a (3) percent discount.
Shares
for the Direct Stock Purchase portion of the Plan are purchased
in the open market at prevailing market prices, with no commissions
or trading fees. Participation in the Plan includes full investment
of your funds because participants are credited with both
whole and fractional shares. Dividends are paid on both whole
and fractional shares.
Transfer
Agent and Registrar
American Stock Transfer & Trust will administer the
Plan and act as Agent for the participants. The Agent will
purchase and hold shares of Common Stock for Plan participants,
keep records, send statements and perform other duties required
by the Plan.
Who
Can Participate?
The Plan is open to the general public. Existing Met-Pro Corporation
shareholders who hold stock in their name may participate
immediately in the Dividend Reinvestment portion of the Plan.
If you own Met-Pro Corporation Common Stock that is registered
in "street name" (not your name but the name of your broker,
bank or other nominee), you may be able to participate in
the Dividend Reinvestment feature of the Plan if your nominee
is a participant in the Depository Trust Company (DTC) dividend
reinvestment service.
Only
Met-Pro Corporation stockholders who hold stock in their
name may participate immediately with an Optional Cash
Purchase
of as little as $100. If you own shares of Met-Pro Corporation
Common Stock which is held in the "street name", you can
easily participate by asking the bank or broker to have
some or all
of your shares registered in your name.
New investors
may participate by making a minimum initial Optional Cash
Purchase of at least $1,000.
Optional
Cash Purchases
Following your initial investment of at least $1,000, you
may make additional cash purchases at any time by investing
a minimum $100, but no more than $30,000 in a calendar year.
These purchases may be made using a check or money order or
by automatic withdrawal from your bank account. Make check
or money order payable to American Stock Transfer & Trust/Met-Pro.
Please attach the transaction stub at the
bottom of your statement.
Send
Optional Cash Purchases to:
American Stock Transfer & Trust
40 Wall Street, 46th Floor
New York, NY 10005
Dividend
Reinvestment
You may choose to reinvest all or a portion of the dividends
paid on shares of Common Stock. Reinvested dividends will
be used to buy additional shares of Met-Pro Corporation Common
Stock at a (3) percent discount from the prevailing market
price. If you do not want full dividend reinvestment, you
may select a lower number of shares on which you want your
dividends to be reinvested.
Direct
Deposit of Dividends
With direct deposit, Met-Pro Corporation cash dividends are
deposited automatically on the dividend payment date of each
year. Stockholders receive confirmation of the deposit in
the mail.
Enrollment
Information:
American Stock Transfer & Trust
40 Wall Street, 46th Floor
New York, NY 10005
Attention: Dividend Reinvestment Department -
Met-Pro Corporation Dividend Reinvestment Plan
718-921-8283
800-278-4353 (U.S. Only)
Enrollment
Click here if you'd like
to receive information on our Dividend Reinvestment and Direct
Stock Purchase Plan.
Click
here to download DRIP
and DSPP forms
in Adobe Acrobat format.
If you do not have Adobe Acrobat® Reader, click on the link below for a
free download.
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