| Dividend
Reinvestment Plan - DRIP |
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A
plan offered by a corporation to give investors the option of reinvesting
their cash dividends by purchasing additional shares or fractional
shares, on the dividend payment date, occasionally at a discount from
market price.
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This
is an excellent way to increase the value of your investment, most
DRIP's allow you to buy shares at a significant discount to the current
share price and commission free. DRIPS don't go much lower than a
$10 reinvestment. |
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Dictionary
