What is a dividend reinvestment plan (DRIP) and how might it help shareholders?
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Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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With a dividend reinvestment plan DRIP the company invests the dividend in more sh...View the full answer
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Related Book For 
Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
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