Dividend Reinvestment
Dividend Reinvestment
DEFINITION
DEFINITION
DRIP - Dividend Reinvestment Plan. Offered by Corporations that allow investors or stock holders, to reinvest their cash dividends to purchase additional shares. Long term investors. Investors must enroll in the dividend plan. Not all corporations allow the DRIP program. However, most major brokerages allow investors to enroll in any dividend paying stock.
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