Dividend re-investment plan (DRIP)

Dividend re-investment plan (DRIP),

Definition of Dividend re-investment plan (DRIP):

  1. Investment plan that allows stockholders to purchase additional stock of the firm from dividends and capital gains distributed to them, without incurring brokerage charges. Also called dividend re-investment program.

Meaning of Dividend re-investment plan (DRIP) & Dividend re-investment plan (DRIP) Definition