Definition:
'Dividend Reinvestment Plan - DRIP'
A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.
Source: http://www.investopedia.com/terms/d/dividendreinvestmentplan.asp
What are you thoughts on DRIPs? Thank you!
'Dividend Reinvestment Plan - DRIP'
A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.
Source: http://www.investopedia.com/terms/d/dividendreinvestmentplan.asp
What are you thoughts on DRIPs? Thank you!
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